SINGAPORE - A man who unknowingly sold his bitcoin to a scammer was allowed to keep the money for now even though the $10,001 used to transact the deal had come from the victim of a fraudulent bank transfer.
In a written judgment on Friday, Justice Aedit Abdullah ruled that both men had lawful possession of the money. “However, I would urge the parties to see if they can come to some sort of resolution between themselves that would avoid further time and expense for both.” Mr Lim received $10,000 in his bank account and released the bitcoins to “haylieelan”. Later in the day, he received another $1 but had no idea what it was for.
Shortly after, the scammer asked Mr Ling to provide proof of address. He complied by taking a photograph of a letter which contained his address.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: thenewpaper - 🏆 7. / 63 Read more »
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »