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Trust, title and tokens: implications of Singapore High Court's decision in Re Taylor for distribution of unclaimed cryptoassets in liquidation

The rise of digital assets and cryptocurrency has transformed financial markets, but it has also raised novel legal and practical challenges, particularly in the context of corporate insolvency. For insolvency professionals, trustees and investors navigating the murky waters of cryptoasset recovery, recent common law authorities provide an important guide toward legal certainty, particularly for questions of ownership, fiduciary obligation and the treatment of unclaimed or misappropriated tokens. Against this backdrop, the Singapore High Court's recent decision in Re Genesis Asia Pacific Pte…

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