Japan-based crypto exchange operator Quoine has been taken to court by UK electronic market maker B2C2 over seven reversed Bitcoin (BTC) trading orders, as per a Straits Times report on Wednesday.

The lawsuit is in its final stage, with B2C2 reaffirming in a hearing this week that it is seeking 3,085 BTC and Quoine claiming a technical glitch allowed the seven trades to happen at an exorbitantly higher price rate. The legal battle is being fought at the Singapore International Commercial Court (SICC), which handles cross-border business disputes.

On April 19, 2017, Quoine experienced significant technical issues that caused problems in the real-time data pricing software, according to the

This article appeared first on Cryptovest

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