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12min chapter
Why the Messy 3AC, Celsius, and Voyager Bankruptcies Will Drag on for Years - Ep.377
Unchained
Custodial Complexities in Crypto Bankruptcies
This chapter explores the intricate issues surrounding custodial funds in the bankruptcies of Celsius and Voyager, highlighting the key differences between customer property and company property. It delves into the implications of these distinctions for creditors, particularly focusing on earned products and the challenges posed by commingled funds. The analysis extends to the legal standings of custody versus earned customers, revealing the potential impact of these classifications on asset recovery in bankruptcy proceedings.
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AI-powered
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode