The Singapore International Commercial Court has awarded damages to 40 claimants against cryptocurrency firm
The claimants were collectively awarded more than $3 million in damages, concluding the second tranche of a case involving 275 people claiming losses from the collapsed UST cryptocurrency, according to a ruling on Monday. Damages were awarded based in part on how much UST the claimants held and when they held it.
As part of its decision, the court concluded the defendants made fraudulent …
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