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BITS OF BLOCKS
BLOCKCHAIN, LAW AND REGULATION
Steven Pettigrove, Partner, Piper Alderman
Michael Bacina, Partner, NXT Law
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Newsflash: Victorian Appeals Court finds stealing Bitcoin is theft
The Victorian Court of Appeal has endorsed the view that bitcoin (BTC) is a form of property and that its misappropriation is capable of being prosecuted as theft. The judgment follows an appellate decision of the Supreme Court of Tasmania’s recognising that Bitcoin is property but endorsing the view that it does not neatly fit within the existing categories of chose in action and chose in possession. Background In Connor Yeates (A Pseudonym) v the King [2025] VSCA 288 , the
Jan 94 min read


Binance nears agreement to end US monitorship
Binance, the world's largest crypto exchange, is reportedly close to finalising an agreement with the US Department of Justice ( DOJ )...
Sep 19, 20252 min read


Batter up: Meta loses strike out bid in ACCC crypto ad case
Meta has failed in its attempt to strike out the Australian Competition and Consumer Commission’s (ACCC) further amended statement of...
Sep 12, 20253 min read


Don't bank on it: when can a bank close a customer account?
When a bank declines or withdraws services, this is known as “de-banking”. As a practice, de-banking has had widespread impacts on high...
Aug 21, 20255 min read


Guilty Verdict Generates DeFi Developer Despair: Is Storm's Split Verdict a Forecast of Coding Chill?
The closely followed verdict in the criminal prosecution of Roman Storm, Tornado Cash's founder, has finally been handed down. This...
Aug 7, 20253 min read
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