Victorian Reports - Authoritative Law Reports Since 1870

RE BLOCKCHAIN TECH PTY LTD; CHEN V ZHAO

|Attiwill J

76 VR 578

RE BLOCKCHAIN TECH PTY LTD; CHEN V ZHAO Supreme Court of VictoriaAttiwill J 14, 19–22, 26–8 February, 1, 4–7, 12–14, 18, 19, 25 March, 8, 16, 17 April, 12 November 2024[2024] VSC 690Personal property — Cryptocurrency — Whether interest in cryptocurrency is ‘property’ — Bailment — Whether bailment in respect of interest in cryptocurrency — Whether capable of bailment.

Following the failure of a business venture involving blockchain technology and a planned cryptocurrency trading platform, C and a company established for the purposes of the business brought proceedings against Z and 14 other defendants. Z and a number of defendants counterclaimed.

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