Posted: 10/02/2025
Introduction
Digital assets, including cryptocurrencies and non-fungible tokens (NFTs), have seen exponential growth. With the continued adoption and expanding personal ownership of digital assets, they will increasingly become a regular part of insolvency proceedings. This is true whether they are assets to be realised in the insolvency or if an insolvent company operates a digital asset-related business, such as the high-profile crypto exchange insolvencies of FTX and Three Arrows Capital.
Digital assets in an insolvency raise various practical issues which every insolvency practitioner (IP) needs to prepared for so that they can identify, secure and realise them…