Legal Update: Legal Precedent on Injunction against Cryptocurrency
2023/01/18
In 2022 there has been a legal precedent in Hong Kong, in which an assignor of cryptocurrency managed to obtain an Order in his favor. The Court decided that the cryptocurrency he assigned to the Defendant was held on trust for the assignor’s benefit. To a certain extent we can note that the Court may treat cryptocurrency as a kind of asset and the law on properties may be applicable....