Bluesphere: This one won in the same hearing. What are the facts in the Bluesphere case?
...In parallel, trader Bluesphere Global had its High Court victory over HMRC upheld in the same hearing, the first to reach the Court of Appeal since the seminal Axel Kittel case went through the European Court of Justice (ECJ), and established the ‘means of knowledge’ test...
This is your point, isn't it? "Means of knowledge" is basically saying if someone involved with chip and phone trading knew it was a rotating sale fraud, the traders involved with that kind of activity should have known it was not real trade activity, and they will fail in the courts.
But the legitimate traders hurt by all this -- many individuals, apparently -- are still waiting and hoping that their funds will be returning to them.
Isn't that about right?
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