Coinbase tokens
Some believe a resolution is in the balance.
Some believe a resolution is in the balance.
Whilst granting the proprietary injunction, Bankers Trust order and permission to serve out and Norwich Pharmacal order were consistent with previous rulings, the permission to serve the Norwich Pharmacal order outside of the jurisdiction came as a surprise given previous case law, which seemingly was not presented to or considered by Mr Justice Trower; in Zi Wang v Graham Darby [11], the question arose of whether or not cryptocurrency was held a trust. But also why ICOs and similar token sales should be regulated as securities offerings. In addition, he granted a Bankers Trust order and Norwich Pharmacal order against the relevant Binance entities to assist the claimants in tracing the assets.