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Robert ong thien cheng v luno pte ltd & anor

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 ... 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.

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WebJun 29, 2024 · In 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 … WebDec 2, 2024 · In the case of “ Robert Ong Thien Cheng v Luno Pte Ltd & Bitx Malaysia Sdn Bhd [2024] 1 LNS 2194 ” clearly shows that only the legal owner of digital asset has the right to transfer or return ... 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 … simpsons world of springfield toys

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Robert ong thien cheng v luno pte ltd & anor

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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”). WebJan 6, 2024 · Tag: Robert Ong Thien Cheng. ... By Foong Cheng Leong December 17, 2024– Digital currencies can be used to raise funds, make purchases or traded online– Anyone …

Robert ong thien cheng v luno pte ltd & anor

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WebOct 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? http://www.mindelscott.com/2024/10/24/is-ethereum-legal-in-malaysia/

WebSep 6, 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 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. 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 …

WebJan 24, 2024 · Brief facts of the case : - The Appellant, Robert Ong, is a customer of the 1st Respondent, Luno Pte Ltd. As a customer, he was allocated a 'Luno wallet' by the 1st Respondent. The 1st... 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 …

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.

WebROBERT ONG THIEN CHENG (No. KIP: 720928-04-5317) GROUND OF JUDGEMENT BACKGROUND FACTS ... PLAINTIFFS ... DEFENDANT 1. The 1st Plaintiff conducts its … razorpay in react nativeWeb2-2024 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 BitX Malaysia Sdn Bhd, is uncharacteristically short but raises important issues in the law of unjust enrichment. simpsons worst day of your life so farWebJun 29, 2024 · In 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 … simpsons world without lawyersWebJan 14, 2024 · The Malaysian courts have recognised cryptocurrency as a security and a commodity. In the case of Luno Pte Ltd & Another v Robert Ong Thien Cheng (Civil Suit No. BA-B52NCVC-389-12/2024), the Shah Alam Sessions Court held that cryptocurrency falls within the ambit of "anything" under Section 73 of the Contracts Act 1950 ("CA 1950") as … razorpay integration in nodejsWebIn 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 simpsons world of springfield figuresWebJan 24, 2024 · Brief facts of the case : - The Appellant, Robert Ong, is a customer of the 1st Respondent, Luno Pte Ltd. As a customer, he was allocated a 'Luno wallet' by the 1st … simpsons world universalWebRobert Ong Thien Cheng v Luno Pte Ltd [2024] 1 LNS 2194 (13:8) - IN THE HIGH COURT OF MALAYA AT SHAH - Studocu. Case law regarding first crypto case in Malaysia lns 2194 … razorpay integration in spring boot