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Liquidators sought instructions from the court docket on whether or not the crypto held by Gatecoin must be handled as property held on belief or “if no belief existed, the digital property must be made out there to the overall physique of collectors,” in response to the Hogan Lovells report. The trade held crypto upwards of 140 million Hong Kong {dollars} ($17.8 million) in October 2022, the report mentioned.
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