Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Singapore court dismisses liquidation request of crypto investment firm Cake Group

Singapore court dismisses liquidation request of crypto investment firm Cake Group

CointimeCointime2024/04/25 11:31
By:Cointime

The Singapore High Court today rejected the liquidation application filed by U-Zyn Chua, former chief technology officer of Cake Group. In addition to ruling that there was no reason to close this cryptocurrency company, judicial commissioner Alex Wong also added at the court hearing that seeking liquidation as a quick solution to the problem was inappropriate when there were other remedies available.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Will Ethereum Bulls Guide ETH to a Surprising 23% Price Surge?

Analyzing Potential Market Trends for a Significant Ethereum Price Jump

Coineagle2025/02/22 04:55

Exploring the Diminishing Crypto Speculation Amidst Slump in Futures Open Interest

Exploring the Decline in Open Interest and Reduced Market Enthusiasm for Major Cryptocurrencies and Memecoins

Coineagle2025/02/22 04:55

Could the GameStop CEO be indicating a $4.6B Bitcoin venture? Find Out

Unraveling Speculations: GameStop CEO Ryan Cohen's Recent Actions Stoke Wealthy Bitcoin Investment Rumors

Coineagle2025/02/22 04:55