We will continue our consideration of whether Bitcoin and crypto is property by examining the nature of copyright in software. The private key, generated by BitcoinCore software at the behest of the user, appears to be a literary work created by the user. The software...
Re Blockchain Tech held that in Australia a person’s interest in Bitcoin is property. Although the case concerns BTC, the most important thing is the reasoning of how an piece of software which has no legal, equitable or legislative rights, obligations or...
Re EM McPherson Settlement was an application to vary the terms of a family trust, seeking approval of the Court on behalf of beneficiaries who were unable to consent. The application concerned: Extension of vesting date and introduction of statutory perpetuity period...
We are continuing on with our exploration of whether cryptocurrency is gambling. The simple answer can be determined by asking any 19 year old with a phone what they intend to achieve from purchasing cryptocurrency; they treat it like gambling. Of course...
We are going to consider trustees right of reimbursement for cost of legal fees incurred, legal professional privilege of the trustee, rights of beneficiaries to obtain copies of legal advice obtained by the trustees and fiduciary duties of the trustee. This will be...
We are going to examine the nature of a wagering contract and the contractual and taxation implications of each stage of the contract. Overall this is with a mind to considering whether the best characterisation cryptocurrency is as the game of chance upon which...