Business of digital money changers and express trusts

In the case Ruscoe v Cryptopia Ltd. (in Liquidation) the High Court of New Zealand, after having established that cryptocurrencies constitute “property”, examined the application of the account holders regarding the existence of trusts concerning the assets digital assets held by Cryptopia. The note analyzes the examination of the Court which traces the discipline of the trust in the common law system, also offering ideas for a comparative reading of the case.

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