Federico
Mon Sep 02 2024
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7 answers
1635
What if John Doe had 1 Bitcoin in bankruptcy?
What would be the implications if John Doe, who is facing bankruptcy, were to possess 1 Bitcoin? Would the value of this digital asset be considered in the assessment of his financial situation? How would creditors and the court handle the liquidation or distribution of this cryptocurrency? And what challenges might arise in determining the fair market value of the Bitcoin at the time of the bankruptcy?
