Episode Summary:
In this episode of "Bankruptcy Through the Looking Glass with Barry Levine," host Abigail Vaca and bankruptcy expert Barry Levine discuss the intersection of Bitcoin and bankruptcy law. The episode explores how cryptocurrency assets are handled in bankruptcy proceedings, featuring fascinating real-world cases including a client with $180 million worth of inaccessible Bitcoin. Barry shares insights on disclosure requirements, trustee responsibilities, and the challenges of dealing with digital assets in bankruptcy cases.
Key Timestamps:
00:00 - Show Introduction
00:21 - How Bitcoin impacts bankruptcy proceedings
03:45 - Story of client with 1,807 Bitcoin ($180M) trapped in wallet
07:36 - Treatment of cryptocurrency as property in bankruptcy
10:54 - Tracking and recovering Bitcoin in bankruptcy cases
13:23 - Consequences of failing to disclose Bitcoin holdings
14:44 - Discussion on recent court rulings and Bitcoin
About the Show:
"Bankruptcy Through the Looking Glass with Barry Levine" is a podcast that explores various aspects of bankruptcy law with expert Barry Levine. The show provides practical insights and real-world examples to help listeners understand complex bankruptcy matters.
Connect with Barry:
Website: Levineslaw.com
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