Tommaso
Mon Jul 15 2024
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5 answers
1007
Can crypto-exchange pay investors if CEO died?
Could you elaborate on the financial implications for investors if the CEO of a cryptocurrency exchange were to unexpectedly pass away? Would the exchange still be able to fulfill its obligations to its investors, including payments and withdrawals? Would the death of the CEO potentially disrupt the operations of the exchange, affecting liquidity and the ability to conduct transactions? Additionally, what measures are typically taken by crypto-exchanges to ensure business continuity in such scenarios? Is there a contingency plan in place to mitigate potential risks? Understanding these points would be crucial for investors to assess the resilience of their chosen exchange.
