Australian Court Rules on Bitcoin | VSC 690 Breakdown скачать в хорошем качестве

Australian Court Rules on Bitcoin | VSC 690 Breakdown

In this video, I take a deeper look at Re Blockchain Tech Pty Ltd [2024] VSC 690, a headline-making Victorian Supreme Court ruling that officially recognised Bitcoin as “property” under Australian law. Sounds like a win for crypto law? Not so fast. ⚖️ Yes, the court affirmed that Bitcoin meets the four criteria from Ainsworth v National Provincial Bank, opening doors for future recovery actions, estate planning, and insolvency treatment of digital assets. But this case is as much a missed opportunity as it is a milestone. Here's why: 1️⃣ The damages were calculated at historic Bitcoin prices, not today's value. 2️⃣ The pleadings failed to pursue all 36 stolen BTC, especially from third-party wallets. 3️⃣ The court avoided deeper questions around bailment, trust tracing, and enforcement against anonymous recipients. 0:00 Intro 0:43 Background 2:11 Is Judgement Underwhelming? 4:23 Constructive Trust 5:30 Bailment 7:32 Enforcement and Recovery 11:11 Summary #Bitcoin #CryptoLaw #AustraliaLegalReport #ReBlockchainTech #CryptoEnforcement #PropertyLaw #DigitalAssets #VSC690