The collapse of a crypto hedge fund 3 Arrows Capital in 2022 lead to a domino effect of collapses and eventually to a downfall of Bahamas-based cryptocurrency exchange FTX. These events have forced regulators – and insolvency practitioners – to acknowledge that cryptocurrencies are affecting the global financial markets perhaps more than we had realised.
In order to be a cryptocurrency-savvy insolvency practitioner, what do we need to understand about these digital financial assets? What unique challenges have cryptocurrency insolvencies thrown for insolvency practitioners worldwide and can traditional insolvency principles be applied? This panel gets together experts and experienced practitioners to discuss peculiarities and lessons learned of cryptocurrency insolvencies.