โ๏ธ๐ฐ Crypto asset dispute alert! Singapore court navigates the tussle over $140 million crypto assets between DeFiance Capital and Three Arrow Capital's (3AC) liquidators. ๐๏ธ๐ผ The squabble's about crypto owned by DeFiance, intertwined but distinct from 3AC. Teneo, 3AC's liquidator, pushes for assets distribution, contesting jurisdiction from British Virgin Islands to Singapore. โ๏ธ๐ธ๐ฌ Singapore judge Chua Lee Ming believes the city-state's jurisdiction is fitting, as evidence stacks up in the courtroom. A legal battleground, with another battle brewing in the Virgin Islands. ๐บ๏ธโ๏ธ #CryptoAssetDispute #LegalShowdown #BitcoinWorld
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