Read the full judgment text of HCCW 18/2019 on BabelCite. This High Court CFI judgment was delivered on 24 January 2025.
1. By Decision dated 31 March 2023 (“ Decision ”), this Court decided 2 of the 4 issues raised in the Liquidators’ summons [2] on the basis that determination of those issues, which concern whether the Currencies (or any part thereof) were held by Gatecoin on trust for its customers, might obviate the need to decide the remaining issues (which were premised on there being a trust). In summary, it was held that:
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