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The appeal is a minor victory for Kwon, who initially won an appeal in November only for it to be subsequently overturned within months.

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Jump start your crypto portfolio. Coinbase is the easiest place to buy and sell cryptocurrency. Sign up and get started today. Email address. A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant.
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Archived from the original on 5 November However, in the law of obligations and contract law , any kind of object would be legally valid, but the object would have to be tied to an identified counterparty. Dec 20, Cryptocurrency networks display a lack of regulation that has been criticized as enabling criminals who seek to evade taxes and launder money.