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Creditors Committee Seeks Arrest Warrant for Cred Former CFO James Alexander
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
Tags: Arrest,CFO,Cred,Cryptocurrency,James Alexander
Link: Creditors Committee Seeks Arrest Warrant for Cred Former CFO James Alexander [Copy]