By Greg Browne, Associate Editor  Singapore’s Court of Appeals just ruled on its first legal dispute involving cryptocurrency.  Four out of five judges concluded that Quoine Exchange, one of the world’s major bitcoin exchange operators, should pay damages for wrongfully reversing seven transactions on its platform in April of 2017.  What is most interesting about this case is that the actors of both parties were a bunch of algorithms; there was no human error involved. In April 2017, B2C2, an electronic market maker, successfully sold 309 ether for 3,092 bitcoins, generating a profit of $3.7 million.  Quoine claimed a glitch arose as it was reconfiguring passwords for its hacker defense…