Firm News

Kleinberg Kaplan’s Dov Kleiner quoted in The Wall Street Journal on crypto bankruptcies

Firm News | November 13, 2023 | Digital Assets and Cryptocurrency

Kleinberg Kaplan partner Dov Kleiner was quoted in an article in The Wall Street Journal titled, “FTX Marks a Year in Bankruptcy. What We’ve Learned From Crypto Restructurings.” The article covers the distinct features of crypto bankruptcies, including the treatment of crypto assets, the potential for customers to become new owners, notable fraud cases, and the role of retail customers in restructurings.

In the article, Dov shares the contrast between crypto bankruptcies and other significant Chapter 11 cases. Dov points out that some of the biggest crypto bankruptcies have involved fraud, setting them apart from typical Chapter 11 cases.

To read the full article in The Wall Street Journal, please click here. Please note that The Wall Street Journal requires a paid subscription to access their content.