Prime Core Technologies, Inc.
Published on:
July 28, 2026
Committee:
Court:
U.S. Bankruptcy Court
(Delaware)
Amicus Issue:
Whether crypto assets held by a firm under custody for customers should be treated as property of the estate upon the firm’s bankruptcy filing, or whether such assets should be treated as financial assets credited to a securities account, pursuant to customer agreements that included a standard UCC Article 8 financial asset election provision.
Counsel of Record:
Cleary Gottlieb Steen & Hamilton LLP
Thomas S. Kessler
Other Amici:
Blockchain Assoc.
Futures Industry Assoc.