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Clifford Chance

Clifford Chance


Singapore Court of Appeal allows Claims against Cryptocurrency Exchange

20 March 2020

On 24 February 2020, the Singapore Court of Appeal handed down its decision on the first cryptocurrency litigation in Singapore. The decision provides important guidance on the application of the doctrines of unilateral mistake to the latest technology and assessment of the knowledge underlying the operation of a machine; it also sheds light on the relationship between a cryptocurrency exchange and its users.

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