Cryptocurrencies in liquidation: perspectives from Cayman and the BVI

Collas Crill partner Jennifer Colegate in the Cayman  Islands,  with  partner David Harby and  senior associate Daisy Bovingdon in the British Virgin Islands, consider how cryptocurrencies as a form of cryptoassets, rather than virtual assets generally, are characterised as a matter of law, and discuss the practical issues that liquidators are likely to face when seeking to realise these assets for the benefit of creditors.