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Bitcoin News
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Bitcoin News

First Cryptocurrency Court Case in Singapore rules Exchange to Pay for a Glitch

In a landmark case involving ‘reversing traders‘ on Exchanges, a Singapore court has ruled against the practice. Trader, alias B2C2 wins over crypto exchange operator, Quoine after it arbitrarily cancelled seven of the trader’s order. Moreover, the most interesting part of the case is that both parties in the transactions were just a bunch of algorithms.

In a landmark case involving ‘reversing traders‘ on Exchanges, a Singapore court has ruled against the practice. Trader, alias B2C2 wins over crypto exchange operator, Quoine after it arbitrarily cancelled seven of the trader’s order. Moreover, the most interesting part of the case is that both parties in the transactions were just a bunch of algorithms.