2 Jul 2024
LEE EE FONG ONG SEOW LEE
- Citation
- PA-11BNCC-2-08/2022 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- PA-11BNCC-2-08/2022 (Mahkamah Tinggi)
The High Court allowed the appeal because the evidence established that 50 Litecoins were transferred to and accepted by the Plaintiff, the Litecoins had admitted market value sufficient to satisfy the RM70,000 friendly loan, and the Magistrate erred in finding the Litecoins had no value; accordingly the loan was discharged and the defendant's counterclaim for excess was dismissed.