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CATEGORY: bankruptcy filing


Apr 19, 2023 05:50

Hong Kong court recognizes crypto as property in Gatecoin case

The Hong Kong legal and justice system has made a landmark ruling by recognizing cryptocurrency as property that can be “held on trust.” The decision was reached in a lawsuit involving the now-defunct crypto exchange Gatecoin. According to the law firm Hogan Lovells — which reported the case on April 18 —  Justice Linda Chan […]

The post Hong Kong court recognizes crypto as property in Gatecoin case appeared first on CryptoSlate.

Apr 20, 2023 01:10

Crypto blamed unfairly for Signature Bank’s liquidity crisis, says NY regulator

The Superintendent of the New York State Department of Financial Services (NYDFS), Adrienne Harris, has refuted allegations that cryptocurrency depositors were responsible for the collapse of Signature Bank.  At a hearing about stablecoins held by the House Financial Services Committee on April 18, Harris stated that the liquidity crisis that led to Signature Bank’s collapse […]

The post Crypto blamed unfairly for Signature Bank’s liquidity crisis, says NY regulator appeared first on CryptoSlate.

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