Singapore High Court orders injunctions to freeze the transfer of cryptocurrency which had allegedly been stolen, and orders the cryptocurrency exchanges to provide information: CLM v CLN and others [2022] SGHC 46

14 Mar 2022

In CLM v CLN and others [2022] SGHC 46, the General Division of the High Court of Singapore granted a proprietary injunction and a worldwide freezing injunction to prevent the dissipation of cryptocurrency assets, against unidentified persons who were believed to have participated in or assisted with the alleged theft.
 
This update discusses the pertinent parts of the decision and highlights some of the interim legal remedies available to victims of digital asset thefts and hacks in the Singapore context.

Please click here to read the update.