What the crypto Winter means for insolvency- With distress in crypto hitting headlines, we unpack the key risks and legal issues facing the industry and investors

There has been no shortage of high-profile insolvencies in the crypto market in recent months across a range of market participants and geographies. These include the US Chapter 11 and Bahamas provisional liquidation of FTX as well as the US Chapter 11 filings of BlockFi, Singapore-based crypto hedge fund ThreeArrows Capital, US-based lenders Celsius Network and Voyager Digital, US-based crypto mining data centre Compute North and German crypto bank Nuri.

Filed under:
United Kingdom, Insolvency & Restructuring, Litigation, Herbert Smith Freehills LLP, Blockchain, Bitcoin, Cryptocurrency, Non-fungible tokens, Financial Conduct Authority (UK)
Authors:
John Chetwood , Andrew Cooke , Philip Lis , Alex Cravero , Vrinda Vinayak
Location:
United Kingdom
Firm:
Herbert Smith Freehills LLP