Crypto & Blockchain Bankruptcy

Our Focus

On top of seeing hundreds of billions of dollars in lost market value, the crypto industry is watching industry players seek bankruptcy protection in the US and abroad, with the recent FTX bankruptcy headlining a string of high-profile cross-border crypto restructurings in 2022. The fallout from these bankruptcies and the crypto “ice age” will likely reshape the industry and spur a new wave of legal disputes and regulatory scrutiny.

ArentFox Schiff’s Financial Restructuring & Bankruptcy practice works closely with our industry-leading AI, Metaverse & Blockchain group to provide investors and other affected parties with creative solutions to these evolving challenges.

Our experienced, diverse, and comprehensive team enhances our services in sophisticated transactional and litigation matters. Companies and investors considering crypto-related opportunities should carefully evaluate potential partners to ensure they have robust legal and corporate compliance processes. Companies and investors exposed to bankrupt or distressed crypto-related businesses should consult a bankruptcy attorney to review their options and develop a strategy to protect gains and maximize recoveries. AFS also has experience advising companies with M&As and exits.

Our Team

Our Financial Restructuring & Bankruptcy group advises clients in every aspect of distressed situations, bankruptcy proceedings, and financial restructurings. They are part of a Metaverse, Blockchain & Digital Assets team that advises clients in every pillar of the evolving technology stack, including software and game developers, AR/VR hardware manufacturers, digital asset marketplaces, and brand owners looking to monetize their intellectual property in new ways.