The judge denies the motion to freeze Cred's crypto assets in the event of bankruptcy
U.S. bankruptcy judge John Dorsey has denied an urgency motion filed by 15 customers of competitive crypto lending firm Cred Inc. to freeze crypto assets the company holds on exchanges during its Chapter 11 bankruptcy proceedings.
More than a dozen creditors by Cred filed the November 23 urgency motion designed to force 21 cryptocurrency exchanges to freeze assets held by Cred on their respective platforms, including five US-based exchanges.
Read on on Coin Telegraph
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