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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.

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