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High Court orders freeze of US$7m in stolen crypto assets; exchanges asked to disclose information

Around 110 Bitcoin and 1,498 Ether were transferred from the plaintiff's 2 wallets in 3 transactions, within 4 minutes

Kelly Ng
Published Fri, Mar 4, 2022 · 09:50 PM

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Singapore

SINGAPORE'S High Court has allowed an application by an American entrepreneur to freeze over US$7 million in crypto assets he claims had been stolen by unknown individuals and entities.

In a judgement made public on Friday (Mar 4), the court ruled on 2 novel points of law.

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