Express

Creditors Committee Seeks Arrest Warrant for Cred Former CFO James Alexander

Amy Liu

Summary: Creditors of cryptocurrency platform Cred called for the arrest of Cred  former CFO James Alexander identified in court papers as a U.K. fugitive, arguing he should do jail time unless he returns the bitcoin and other assets he allegedly took from the bankrupt company. Cred and its unsecured creditors, which include cryptocurrency holders, have alleged ...

Creditors of cryptocurrency platform Cred called for the arrest of Cred  former CFO James Alexander identified in court papers as a U.K. fugitive, arguing he should do jail time unless he returns the bitcoin and other assets he allegedly took from the bankrupt company.

Cred and its unsecured creditors, which include cryptocurrency holders, have alleged during the bankruptcy that Mr. Alexander misappropriated at least 225 bitcoin, now valued at roughly $12 million, while he worked at the company.

By Amy Liu

Last Update:

Tags: ,,,,
Link: Creditors Committee Seeks Arrest Warrant for Cred Former CFO James Alexander   [Copy]
  • Autonomous Worlds: The Ultimate Goal of Blockchain? 18 hours ago
  • Have Cosmos and Polkadot Been Replaced? The Future of ATOM and DOT 3 days ago
  • Polygon AggLayer: Uniting Modular and Monolithic Blockchain Architectures 4 days ago
  • Bitcoin DeFi and Layer 2s: The Next Trillion-Dollar Opportunity? 14 days ago
  • Is the Crypto Bull Market Over? 15 days ago
  • You need to login to comment.