The Court found 3V and its sole director Mr Dajian Li liable in conversion for taking possession of and using Yimiao's cryptocurrency mining machines without consent, and established that a constructive trust arose over the machines and cryptocurrency mined from them. However, the Court awarded only nominal damages because Yimiao's evidence on the value of the lost commercial opportunity to mine cryptocurrency was found to be inadequate and unreliable, particularly regarding forecasting of cryptocurrency generation rates and cryptocurrency prices over the claimed period. The case illustrates that even where liability is established across multiple causes of action (bailment, detinue, conversion, trespass, unjust enrichment, constructive trust, knowing receipt), a plaintiff bears the burden of adducing reliable evidence of loss, and the court will not speculate on damages where the evidence was available to the plaintiff but not properly presented.
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