Questions tagged [$190 million]

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Valentina Valentina Tue Jul 16 2024 | 6 answers 1137

Can a cryptocurrency exchange access $190 million after founder's death?

Could you elaborate on the potential implications surrounding the accessibility of $190 million by a cryptocurrency exchange following the unexpected demise of its founder? Are there any legal frameworks or regulatory guidelines that govern such a situation? Would the deceased founder's estate or beneficiaries have any say in the matter? How does the decease of a founder typically impact the operational stability and financial standing of a cryptocurrency exchange? What are the potential risks and challenges that may arise as a result of this situation? And finally, what measures should investors and users of the exchange be aware of in order to safeguard their interests?

Can a cryptocurrency exchange access $190 million after founder's death?

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