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Crypto Trading Platforms and Bankruptcy Law: Are Clients Protected?

July 21, 2022

Via: JD Supra

Cryptocurrency investors, who were already in the icy clutches of the so-called “crypto winter,” now have another reason to shiver.

Insolvency issues are cropping up with some frequency among crypto companies, which is shining a light on the lack of legal clarity surrounding aspects of this unregulated industry. For example: Whose property are crypto assets held in a custodian-controlled account in the event of a bankruptcy filing?

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