Australian Court Rules Bitcoin Is Property | Landmark Case Explained

Can a court legally recognise your crypto as property?

The Victorian Supreme Court just answered yes, in a case that could change how Bitcoin and digital assets are treated by courts globally.

In Re Blockchain Tech Pty Ltd [2024] VSC 690, the Court ruled that Bitcoin satisfies the legal definition of property in Australia. This means your crypto isn’t just data, it’s now recognized like real estate or a car, with enforceable legal protections.

In this video, we break down:

⚖️ Why the court ruled Bitcoin is property, not just digital info
🧠 What this means for ownership, trusts, wills, and lawsuits
🔐 How misappropriated crypto was valued—and why that matters
🧾 The legal battle between co-founders and its implications for digital law

Chapters:
0:00 Intro
2:24 Background
4:19 Crypto Arbitrage
5:24 Contributions by Bitcoins
6:45 Capital Contributions vs Loans
7:42 Transfer of Bitcoins (36 + 25)
10:18 What other Courts Say?
12:32 Decision
14:10 Conclusion

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