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Liquidity Provider Sues Crypto Exchange for $13.7 Mln in Singapore’s First BTC Court Case

Published 11/21/2018, 04:34 AM
Updated 11/21/2018, 04:41 AM
Liquidity Provider Sues Crypto Exchange for $13.7 Mln in Singapore’s First BTC Court Case
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ETH/USD
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Crypto exchange Quoine and major liquidity provider B2C2 are the opposing parties in Singapore’s first court case involving Bitcoin (BTC), which began Nov. 21, Singapore-based English-language daily The Straits Times reports. The case concerns an alleged reversal of crypto transactions in the spring of 2017.

In a legal battle at the Singapore International Commercial Court, B2C2 alleges Quoine reversed seven Bitcoin to Ethereum (ETH) trades it attempted to perform in April 2017.

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