24 Jan 2025
RE GATECOIN LTD (in liquidation)
- Citation
- [2025] HKCFI 493
- Court
- Court of First Instance
- Case number
- HCCW18/2019
The court determined that (1) specified categories of post‑6 March 2018 automated transactions (scenarios 1–4) qualify the customers as Non‑Consenting Customers absent contrary evidence; scenarios 5–6 are prima facie not NCCs but may be treated as NCCs if customers prove pre‑Relevant Date instruction; scenario 7 is not an NCC; (2) each NCC holds a beneficial tenant‑in‑common interest in a pooled fund of the relevant Currency; (3) Administration Costs attributable to trust administration are payable out of the trust assets; (4) where no shortfall, delivery in specie after costs deduction; wher…