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Robert ong thien cheng v luno pte ltd & anor

WebIn Robert Ong Thien Cheng v Luno Pte. Ltd. & Anor, the Malaysian High Court classified cryptocurrency as a form of “security” and ruled on appeal that bitcoins fall within the … WebNov 4, 2024 · In contrast with the laws of Malaysia, the Sessions Court in the case of Luno Pte Ltd & Another v Robert Ong Thien Cheng (Civil Suit No BA-B52NCVC-389–12/2024) (“the case of Luno”) ruled that cryptocurrency …

Robert Ong Thien Cheng v Luno Pte Ltd & Anor, - Lee …

WebJan 14, 2024 · Robert Ong Thien Cheng ("Robert") has been a registered user of Luno since 6 July 2024. On 30 October 2024, Robert deposited RM300,000 into the bank account held … WebJan 9, 2024 · Ultimately Robert did not return the 11.3 BTC. Instead he offered to pay Luno RM300,000 at the end of Nov 2024, about a month after the fact. But by then, BTC prices … diff chr reads https://quingmail.com

First cryptocurrency dispute in Malaysia - Allen & Gledhill

WebMay 21, 2024 · 21 May 2024 The High Court, in the case of Robert Ong Thien Cheng v Luno Pte Ltd & Anor [2024] 3 AMR 143, ruled on appeal that Bitcoins fall within the ambit of the … WebApr 19, 2024 · In the case of Robert Ong Thien Cheng v Luno Pte & Anor 2024, the Shah Alam High Court had held that cryptocurrency is a form of commodity. In this case, the court was of the view that the word “anything” pursuant to Section 73 of the Contracts Act 1950 includes cryptocurrency and that although it is not regarded as “money” from a ... WebHowever, there is a Malaysian decided case involving cryptocurrencies, Robert Ong Thien Cheng v Luno Pte Ltd & Anor (unreported), whereby the Respondents filed an action against the Appellant to claim for a return of 11.3 Bitcoins (amounting to approximately RM300,000.00) which was transferred by mistake to the Appellant. diff chrome

"Restitution of mistakenly transferred bitcoins" by Alvin W. L. SEE …

Category:CIVIL SUIT NO: BA-B52NCVC-389-12/2024 BETWEEN AND …

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Robert ong thien cheng v luno pte ltd & anor

Legal Developments in Malaysia on Cyber Fraud and …

WebJan 6, 2024 · Tag: Luno Pte Ltd & Anor v Robert Ong Thien Cheng Foong’s Malaysia Cyber, Electronic Evidence and Information Technology Law I am happy to announce that my book “Foong’s Malaysia Cyber, Electronic Evidence and Information Technology Law” is available for pre-order. This is my third book. WebOct 5, 2024 · In the case of Luno Pte Ltd & Another v Robert Ong Thien Cheng, the Sessions Court held that cryptocurrency falls within the ambit of “anything” under Section 73 of the Malaysian Contracts Act 1950 (“CA 1950”) as cryptocurrency is a form …

Robert ong thien cheng v luno pte ltd & anor

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WebMay 19, 2024 · In the case of Luno Pte Ltd & Another v Robert Ong Thien Cheng, the Sessions Court held that cryptocurrency falls within the ambit of “anything” under Section … http://foongchengleong.com/tag/robert-ong-thien-cheng/

WebIn Luno Pte Ltd & Another v Robert Ong Thien Cheng, the case was regarding a man who owed some Bitcoins to a company. Here are the brief facts: Mr. Robert deposited some Bitcoins into an account with Luno, a cryptocurrency company; He later asked them to transfer it back to him. They ended up accidentally transferring double the amount Web2-2024 Abstract The first Malaysian judgment of precedential value relating to the recovery of mistakenly transferred cryptocurrency, Robert Ong Thien Cheng v LUNO Pte Ltd and …

WebJan 14, 2024 · Luno demanded for the return of the 11.3 bitcoin, but Mr Ong was only agreeable to pay RM300,000 - the value of 11.3 bitcoin on the day of the mistaken transfer, a month later. Due to the... WebMalaysia.1 Nonetheless, the High Court in the case of Robert Ong Thien Cheng v Luno Pte Ltd & Anor [2024] 1 LNS 2194 (“Luno”) recognised that Bitcoin was a ‘thing’ or commodity. Therefore, Bitcoin could be returned where paid by mistake under section 73 of the Malaysian Contracts Act 1950 (“the Contracts Act”).

WebSep 7, 2024 · However, there is a Malaysian decided case involving cryptocurrencies, Robert Ong Thien Cheng v Luno Pte Ltd & Anor (unreported), whereby the Respondents filed an …

WebIn Robert Ong Thien Cheng v Luno Pte Ltd & Anor [2024] 1 LNS 2194, the High Court affirmed the decision of the Sessions Court which held that Section 73 of the Contracts Act 1950 (which requires a person to whom money has been paid, or anything delivered, by mistake or under coercion, must repay or return it) is wide enough to cover Bitcoin, the … forfeited meaning in tagalogWebIntroduction. The first Malaysian judgment of precedential value relating to the recovery of mistakenly transferred cryptocurrency, Robert Ong Thien Cheng v LUNO Pte Ltd and BitX … diff cobbler buckleWebPerforms his duty in NEGLIGENT MANNER o Davison v fernandes o Salloway & anor v mc laughlin. Download. Save Share. Notes Topic 2 Relationship between principal and agent. University: ... Robert Ong Thien Cheng v Luno Pte Ltd [2024] 1 LNS 2194 (13:8) Commercial Law None. Robert Ong Thien Cheng v Luno Pte Ltd [2024] 1 LNS 2194 (13:8) 12. diff colored state tag for licenseWebOct 3, 2024 · The High Court in Robert Ong Thien Cheng v Luno Pte Ltd & 1 Other [2024] 1 LNS 2194 answers this. Jan 24, 2024 The Trial of the Chicago Seven - What is a Voir Dire? forfeited payment in tagalogWebR v Ong [2001] Cr App R (S) 117. 289 words (1 pages) Case Summary. 4th Jul 2024 Case Summary Reference this In-house law team Jurisdiction / Tag(s): UK Law. Share this: … forfeited matchWebROBERT ONG THIEN CHENG (No. KIP: 720928-04-5317) GROUND OF JUDGEMENT BACKGROUND FACTS ... PLAINTIFFS ... DEFENDANT 1. The 1st Plaintiff conducts its … forfeited propertyWebJun 24, 2024 · with the authors The High Court, in the case of Robert Ong Thien Cheng v Luno Pte Ltd & Anor [2024] 3 AMR 143, ruled on appeal that Bitcoins fall within the ambit … forfeited payment meaning