WassieLawyer, an expert in restructuring and insolvency, joins Adam Levitin, a Georgetown Law professor, to dissect the tumultuous bankruptcies of 3AC, Celsius, and Voyager. They delve into the complexities of custodial funds, revealing the risks of commingled deposits. Discussions unveil Celsius's potential shady practices versus Voyager's irresponsibility. They explore the daunting Chapter 11 process, the intricacies of creditor rights, and whether key executives might face jail time, all while navigating the chaotic crypto landscape.
