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Singapore unilateral mistakealgorithmic contractscryptocurrency

Quoine Pte Ltd v B2C2 Ltd

[2020] 2 SLR 20
JurisdictionSingapore
CourtSingapore Court of Appeal
Year2020
StatusBinding authority

Key Principle

The SICC held that cryptocurrency trades executed by a deterministic algorithm cannot be set aside for unilateral mistake; the computer program operated as designed and there was no operative mistake.

Area of Law

contract

Related Cases

iVenture Card Ltd v Big Bus Singapore City Sightseeing Pte Ltd [2021] SGCA 97
Tuitiongenius Pte Ltd v Toh Yew Keat [2020] SGCA 103
Ochroid Trading Ltd v Chua Siok Lui [2018] 1 SLR 363

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