Crypto Neobank Banq’s Bankruptcy Case Dismissed by U.S. Judge

Crypto Neobank Banq’s Bankruptcy Case Dismissed by U.S. Judge

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Source: Coindesk.com

Banq, which filed for bankruptcy last year, had its application dismissed by a U.S. judge who found the application was made to shield the company and its executives from ongoing litigation by a creditor. Banq and its chair Jon Jiles are being sued by creditor N9 over allegations Jiles failed to uphold his fiduciary duties.

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The post "Crypto Neobank Banq's Bankruptcy Case Dismissed by U.S. Judge" appeared first here Coindesk.com.

Source: Coindesk.com

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