SICC Grants Freezing of Crypto Assets Worth S$75 Million in Transfers Dispute

SINGAPORE, Aug. 19, 2026 /PRNewswire/ -- The Singapore International Commercial Court (SICC) has ordered a freeze on approximately S$75 million worth of Bitcoin and USD Coin following a dispute between the operator of one of the world's largest cryptocurrency trading platforms, which consists of claimants and a number of related companies, and a long-standing customer. In a judgment issued by Judge of the Singapore High Court Justice Aidan Xu and SICC International Judges Justice Anthony Meagher and Justice David Goddard in March 2026, the claimants were granted an interim injunction prohibiting the defendant from dealing with 816,773 USD Co…