[SGRI-SMULA] Insolvency and Cryptocurrencies

Recent events in the cryptoindustry, such as the decline of Bitcoin, the collapse of various cryptoexchanges and stablecoins, Coinbase’s disclosure to the SEC clarifying the treatment of their users in the event of insolvency, and the suspension of withdrawals, trading and deposit by Singapore-based crypto CeFi lender Vauld have accentuated the attention of the legal and financial community on the treatment of cryptocurrencies and cryptoexchanges in insolvency. Led by two prominent experts who have been involved in some of the most relevant cases involving cryptocurrencies and insolvency, this webinar will provide a unique case study approach for the understanding of the practical challenges that lawyers, insolvency practitioners, judges, regulators and financial advisors face when dealing with insolvency, cryptocurrencies, and service providers in these markets. Namely, the webinar will discuss, among other aspects:
 

• Legal nature of cryptocurrencies and the state of the debate in Singapore and internationally
   
• Valuation of claims associated with tokens and cryptocurrencies in insolvency 
   
• Eligibility of cryptoexchanges for the initiation of ordinary insolvency proceedings 
   
• Treatment of crypto users and tokenholders in the event of insolvency 
   
• Safekeeping and management of cryptoassets in insolvency proceedings 
   
• Investigations and recovery of cryptoassets in insolvency proceedings

 

MODERATOR

Nydia Remolina
Nydia Remolina is Assistant Professor of Law at Singapore Management University where she leads the research group on FinTech at the Centre for AI and Data Governance. Nydia focuses her research on the intersection of law, finance and technology. Nydia has more than 10 years of experience in the financial sector and has been a Senior Advisor to the OECD and she worked at Sullivan & Cromwell’s New York Office. Nydia has a Master in the Science of Law (JSM) from Stanford University, and is completing her PhD in Law at the University of Zurich. Nydia’s research has been published in internationally recognised peer review journals, cited in media outlets such as Forbes, and featured on the Harvard Law School Forum on Corporate Governance, the Columbia Law School Blue Sky Blog, the Oxford Business Law Blog, and the Machine Lawyering Blog of the Chinese University of Hong-Kong.

 

SPEAKERS

Rose Kehoe
Rose Kehoe is an experienced finance professional with expertise in restructuring over wide‐ranging situations, environments and industry sectors. She brings strategic insight through experience in restructuring advisory across Asia and with global reach.  She is known for her ability to identify key issues in complex and time sensitive situations, and in leading and facilitating discussions and negotiations on behalf of her clients towards managed outcomes supported by facts driven analysis. Rose is a well-known expert in the cryptocurrency space, having led the case management of Torque Trading and as the independent financial advisor in the Vauld Group restructuring; and is regularly invited to speak on this topic.

 

Danny Ong 
Danny specialises in complex international commercial and financial disputes and investigations, as well as cross border restructuring and insolvency, across a multitude of industries. Notably in the blockchain and cryptocurrency space, he successfully prosecuted the first cryptocurrency claim before the Singapore International Commercial Court and Singapore Court of Appeal, which raised novel and complex legal issues as to the nature and trading of cryptocurrencies, and the application of principles of contract law to algorithmic trading programmes. Danny is also regularly called upon to investigate into and prosecute cross-border crypto fraud and asset recovery cases, and advise on the insolvencies of distressed cryptocurrency businesses.  His interest in this area has also seen him lecture on blockchain disputes at the Singapore Management University.  
 

 

FEES

a. Registration Fee
Registration fee of S$80.25* (inclusive of GST) applies per module

b. Group Registration
Registration fee of S$74.90* (inclusive of GST) applies if there are at least 10 participants from the same organisation.

c. SMU Alumni (LLB / JD / LLM graduates)
Registration fee of S$74.90* (inclusive of GST) applies for SMU LLB/ JD/ LLM Alumni per module

*Please note that there will be no refund of any fees should the participant cancel the registration/ fail to attend the event. However, registration is transferable. Notice of any change in participant should be sent to the Academy via email: smulawacademy [at] smu.edu.sg, by 14 October 2022.

 

SMU Law Academy reserves the right to cancel or postpone any event. In such case, we will arrange for the refund of fees paid.

 

The SMU Law Academy (previously known as CLE) has an established track record of providing the legal profession with high quality seminars and other opportunities to remain fully informed about contemporary legal developments in Singapore and beyond. Its carefully curated listing of seminars is developed with the profession’s multi-faceted needs in mind and meets the requirements of the CPD scheme. The Academy also administers the Auditing Scheme which enables members of the legal profession to consolidate and upgrade their understanding of the law by auditing courses in the School’s LL.B., J.D. and LL.M. programmes. For an overview of upcoming SMU Law Academy events, please click here.

The SMU Centre for Commercial Law in Asia (CCLA) conducts and facilitates research in all areas of commercial law, with focus on its application, development and impact in Asia. To find out more about CCLA, please click here.

Participants who wish to obtain CPD Points are reminded that they must comply strictly with the Attendance Policy set out in the CPD Guidelines. For this activity, this includes logging in at the start of the webinar and logging out at the conclusion of the webinar in the manner required by the organiser, and not being away from the entire activity for more than 15 minutes. Participants who do not comply with the Attendance Policy will not be able to obtain CPD Points for attending the activity. Please refer to http://www.sileCPDcentre.sg for more information.

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