Singapore International Commercial Court freezes approximately US$58.5 million in crypto assets
Source:
www.prnewswire.com
The Singapore International Commercial Court (SICC) has ordered the freezing of crypto assets worth approximately 75 million Singapore dollars (approximately 58.5 million US dollars) over a transfer dispute, including 780 Bitcoins and 816,773 USD stablecoins (USDC). The case involves the operator of a major cryptocurrency trading platform and a long-term client.