Potential preference exposure for withdrawing crypto - Reuters


8/16/2022 12:00:00 AM2 years 8 months ago

Crypto customers who withdraw their crypto assets from an exchange or custodian within 90 days of the exchange or custodian's bankruptcy filing may be sued to return those crypto assets as preferential transfers under section 547 of the Bankruptcy Code. There…

August 16, 2022 - Crypto customers who withdraw their crypto assets from an exchange or custodian within 90 days of the exchange or custodian's bankruptcy filing may be sued to return those crypto as… [+8017 chars]

full article...