Kwok Judge Lets Gov't Keep $302M In Crypto For Restitution

[Gunnar Larson]

Kwok Judge Lets Gov't Keep $302M In Crypto For Restitution
<https://www.law360.com/capitalmarkets/articles/1811690?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-03-11&read_main=1&nlsidx=0&nlaidx=7>

By Ben Zigterman

A New York federal judge has denied a request to return more than $300
million in assets to holders of cryptocurrrency issued by bankrupt Chinese
exile Ho Wan Kwok's Himalaya Exchange, finding that the federal government
has a continued interest in the property it seized.

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