
He may not express it well but he understands bitcoin better than this judge person. It's a new paradigm and the kiwis need to catch up.
Not your keys, not your coin. Not that hard.
Heh. What I quoted is the only thing he actually posted. He edited his post and added everything else afterwards.
Back on topic, however, you do not seem to understand the consequences of this judgment. In the case of "not your keys, not your coin", this would mean that the coins on the exchange would be used to fill the debts caused by the exchange's bankruptcy.
Thanks to this judgment, this will not be the case, since the judge is separating these completely from the exchange's activa.
This has absolutely nothing to do with Criminal Law, but this is Insolvency Law. I really don't see how I could explain this more clearly.