Canadian Court Orders $1.2M Bitcoin Loan Repayment !!

The Supreme Court of British Columbia has reportedly settled a case involving the repayment of a Bitcoin loan between the disputing parties. Specifically, the court ordered the defendant to pay $1.2 million to the plaintiff to settle a dispute over a loan of 22 BTC that the defendant took from the plaintiff in September 2021.

The final settlement amount included interest accrued on the fiat value of the BTC loaned at the time of the breach of contract.

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