In brief The plaintiff in CLM v CLN [2022] SGHC 46 commenced an action to trace and recover 109.83 Bitcoin and 1497.54 Ethereum that were allegedly misappropriated from him by unidentified persons, a portion of which had been traced to digital wallets that were controlled by cryptocurrency exchanges with operations in Singapore. The General Division of the High Court (“Court”) ultimately held that cryptocurrency could be classified as property that could be protected via proprietary injunctions. In…
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