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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Law
4 mins to read

High Court rules cryptocurrency is 'property' in Cryptopia liquidation

Liquidators now know how they can distribute digital assets in a precedent-setting decision.

Reweti Kohere Wed, 08 Apr 2020

In a precedent-setting decision, the High Court has ruled cryptocurrency is ‘property’ at law and cannot make up the asset pool available to unsecured creditors of collapsed cryptocurrency exchange Cryptopia after liquidators sought directions on how to distribute $NZ170 million in digital

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Reweti Kohere Wed, 08 Apr 2020
Contact the Writer: reweti@nbr.co.nz
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High Court rules cryptocurrency is 'property' in Cryptopia liquidation
Law,
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