Treatment of Blockchain Tokens in U.S. Bankruptcy Proceedings

Overview


Darren Azman, Alexandra Scheibe and David Taub authored this bylined article considering how tokens will be treated in a hypothetical U.S. bankruptcy case. “There is no doubt that bankruptcy courts will soon be tasked with adjudicating these issues and will rely to a significant degree not only on the terms that govern the relevant token issuance, but also on the evolving regulatory framework,” they wrote.