WebRobert 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 … WebDec 17, 2024 · The facts of the case of Luno Pte Ltd & Anor v Robert Ong Thien Cheng (Sessions Court Civil Suit No. BA-B52NCVC-389-12/2024) (Unreported) are as follow. The 1st Plaintiff conducts its business as an online wallet and exchange of digital currencies, also known as cryptocurrencies including Bitcoin, under the trade name of Luno.

(PDF) CRYPTOCURRENCY: AN INSIGHT INTO THE MALAYSIAN

WebJan 14, 2024 · In the case of Luno Pte Ltd & Another v. Robert Ong Thien Cheng, the Malaysian courts ruled that cryptocurrencies are a commodity, which raises some interesting questions regarding... Web1. Introduction. 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 … jebao submersible pump pp388l

RESTITUTION OF MISTAKENLY TRANSFERRED BITCOINS - i-law

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 ... 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 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 … jebao submersible pumps