Global Stock News

Wrong wallet, wrong Bitcoin: Court of Appeal unwinds millions in crypto fraud fallout

Wrong wallet, wrong Bitcoin: Court of Appeal unwinds millions in crypto fraud fallout

His Bitcoin never reached the wallet the court ordered emptied

Wrong wallet, wrong Bitcoin: Court of Appeal unwinds millions in crypto fraud fallout

What happened: The Court of Appeal set aside a crypto fraud judgment after finding the victim’s stolen Bitcoin never reached the wallet the court had ordered emptied

Who’s involved: Kyrrex Ltd (crypto exchange platform), Huobi Global Ltd (now defunct crypto exchange), and a fraud victim

What’s at stake: 98.2 Bitcoin – worth nearly £1.7 million when transferred in 2022 and over £5 million by late 2024

…

Source link

Share this article

Scroll to Top