Crypto Bankruptcies Heat Up; Who Will Get Burned?
Bankruptcy attorney Kathleen St. John authored an article in Pratt's Journal of Bankruptcy Law about cryptocurrency bankruptcies. Ms. St. John notes in this article that crypto bankruptcies are a growing trend in the cryptocurrency industry, and without clear guidance, they can have profound consequences for those directly impacted. The article also looks into a proposed Uniform Commercial Code (UCC) Amendments and a new Article 12 that may be able to navigate this uncharted territory.