In July, two major crypto players declared bankruptcy. Now, asset holders, lenders, and the bankruptcy courts are navigating uncharted legal waters. Georgetown Law Professor Adam Levitin joins Crypto to discuss Apple: Spotify:
When we talk about the “crypto winter," we don’t only mean the months-long decline in prices of different coins and tokens. We’re also referring to organizational failures, crypto CEOs losing their jobs, and of course: bankruptcy filings. In July, two major crypto players, Voyager and Celsius, both declared bankruptcy. These filings have opened something of a pandora’s box surrounding the interpretation of US bankruptcy law as it relates to crypto.
Follow us on Twitter @crypto, and subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter2022 iHeartPodcasts and Bloomberg When we talk about the “crypto winter," we don’t only mean the months-long decline in prices of different coins and tokens. We’re also referring to organizational failures, crypto CEOs losing their jobs, and of course: bankruptcy filings. In July, two major crypto players, Voyager and Celsius, both declared bankruptcy. These filings have opened something of a pandora’s box surrounding the interpretation of US bankruptcy law as it relates to crypto.
Follow us on Twitter @crypto, and subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter
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