Digital assets and property rights in insolvency

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Geoffrey Cone, Nicholas S Bjorklund & Gregory C Dyekman. Digital assets and property rights in insolvency. Trusts & Trustees (2021) 27 (5): 406–413,

What happens to your Bitcoin or other cryptoassets if the custodian becomes insolvent? In the rush to investment in these alternative currencies, little attention has been paid to this consequence, not least by the custodians and exchanges themselves, as amply demonstrated by the case considered in this article. At the same time, we consider the solution to the problems presented in a number of insolvency cases around the world, by the comprehensive cryptoasset legislation introduced by the State of Wyoming, USA.

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