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]
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 9 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 3 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 4 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 6 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 7 days ago
  • You need to login to comment.