ARTEM IBRAGIMOV v LIU XUN
Key facts
| Court | District Court |
|---|---|
| Decided | |
| Judge | Lewis Tan |
| Charges / claim | Conflict of Laws |
| Counsel | Advocatus Law LLP, Farallon Law Corporation, Jolene Gwee Jia-Min, Monisha Devaraj, Nicolas Tang Tze Hao, Yeo Yi Ling Eileen |
Source: [2026] SGDC 334, District Court, decided — eLitigation. Updated .
Catchwords
Practice Areas
Judges (1)
Counsel (6)
Parties (2)
Case Significance
Artem Ibragimov v Liu Xun [2026] SGDC 334 was decided in the District Court by Deputy Registrar Lewis Tan on 9 October 2026 in Originating Claim No 513 of 2026 (Summons No 1392 of 2026). The Claimant and the Defendant co-founded a cryptocurrency business that secured an investment of approximately US$31.5m, under agreements providing for exclusive determination of disputes by the courts of the Cayman Islands. After the investors sued both men in Singapore, the Defendant obtained a stay and the Claimant settled the investors' claims. The Claimant then alleged that the Defendant fraudulently misused his signature and sought, among other relief, his losses from the investors' proceedings. The issues were whether the dispute fell within the exclusive jurisdiction clauses and whether strong cause existed to refuse a stay. The Deputy Registrar granted the stay, with costs to be heard on a later date.
[2026] SGDC 334 explained
ARTEM IBRAGIMOV v LIU XUN ([2026] SGDC 334) is a Singapore judgment decided by the District Court on 9 October 2026. It is categorised under Conflict of Laws. It is a recent decision; within this corpus no later judgment has cited it yet. This page summarises what the reported decision covers and links the primary sources — the full judgment, the statutes it cites, and the other cases it engages with — so the decision can be read in context. It is reference information, not legal advice, and it does not state the outcome or any holding beyond what the official judgment records.
What is [2026] SGDC 334 about?
ARTEM IBRAGIMOV v LIU XUN ([2026] SGDC 334) is a District Court decision from 2026. Its published catchwords are “Conflict of Laws — Choice of jurisdiction — Exclusive — Whether strong cause can be shown” and “Conflict of Laws — Choice of jurisdiction — Exclusive — Whether dispute subject to exclusive jurisdiction clause”, which indicate the subject matter the judgment addresses. The full reasoning and orders are in the judgment itself, linked below.
Summary
The District Court heard an application by Liu Xun to stay a claim brought by his former co-founder Artem Ibragimov, who alleged that the Defendant fraudulently misused his signature on documents used to induce investors to invest approximately US$31.5m in their cryptocurrency business. The Defendant relied on exclusive jurisdiction clauses selecting the courts of the Cayman Islands. The Deputy Registrar found a good arguable case that the clauses governed the dispute, held that the Claimant had not shown strong cause to refuse enforcement, and granted the stay.
What was Artem Ibragimov v Liu Xun [2026] SGDC 334 about?
The Claimant, a co-founder of a cryptocurrency business, alleged the Defendant fraudulently misused his signature on documents used to induce investors. The Defendant applied for a stay in favour of the Cayman Islands courts under exclusive jurisdiction clauses.
Did the court grant a stay in [2026] SGDC 334?
Yes. The Deputy Registrar found a good arguable case that the Cayman exclusive jurisdiction clauses governed the dispute and that the Claimant had not shown strong cause to refuse enforcement, so the stay was granted.
Cases Cited (9)
Related cases
Other Singapore judgments involving the same parties or counsel.
Judgment
Read the full judgment on the official Singapore Courts portal.
Read on eLitigationSource: eLitigation ([2026] SGDC 334)