July 19, 2022 – Jonathan Pasternak, a Partner in our Bankruptcy law practice was interviewed by Law360 for their story “Who Owns Crypto In Chapter 11? A Trillion Dollar Question“.
Jonathan has been practicing commercial Bankruptcy for over 25 years and is well respected in the space. Noting the volatility of crypto recently, Jonathan pointed out that there has already been pressure on US government officials to deliver a cryptocurrency framework, but a debacle for retail investors in bankruptcy court could just add fuel to an already lit fire.
He also aptly pointed out that “A lot of issues are going to raise their ugly head. When people start getting burned in bankruptcy and other crypto-related issues it’s going to lead to significant regulatory action.”
Missed the article? Click here to read more.