Can a bankrupt crypto company make a distribution in liquid cryptocurrencies?
Could you elaborate on the feasibility of a bankrupt cryptocurrency company distributing assets in the form of liquid cryptocurrencies? Would such a move be permissible under existing financial regulations? How would it impact creditors and investors? What challenges would the company potentially face in executing such a distribution? Would it be advisable for the company to pursue this route, given the volatility of cryptocurrencies? Additionally, how would the process be structured and what legal requirements would need to be met?