Follow Us Subscribers SAVE 30%

Call 855-808-4530 or email to receive your discount on a new subscription.

Bankruptcy Litigation Technology Media and Telecom

How Bankruptcy Courts Will Treat Cases Involving Cryptocurrency Exchanges

This article looks at some of the issues that may arise if a cryptocurrency exchange becomes a debtor in a case under the Bankruptcy Code.


Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The blockchain, or distributed ledger technology, has created a new and arguably more efficient and reliable way of recording data. Rather than storing data in a central location, the blockchain keeps a running tally in a decentralized network of computers that verify the source of “blocks” of data before adding them to the existing “chain.” Although the blockchain has many applications, perhaps its most visible use is serving as an electronic platform for issuing and recording transfers of cryptocurrencies on the Internet. It is now estimated that there are over 1,600 forms of cryptocurrency, with bitcoin, ethereum and XRP being the most widely used.

To continue reading,
become a free ALM digital reader

Benefits include:

*May exclude premium content

Read These Next