Ex-Cred Exec is suspending efforts to block its bankruptcy relief

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By Elise Hansen (Oct 6, 2021, 5:25 p.m. EDT) – A contested former manager of bankrupt cryptocurrency firm Cred has objected to the U.S. trustee’s efforts to prevent his bankruptcy release and said he was a scapegoat made and a “proxy law enforcement”.

James Alexander, a former chief capital officer at Cred Inc., said he “fully met” all of the requirements in his personal bankruptcy case and criticized the US trustee for filing an adversarial lawsuit to deny his dismissal.

In a September 30 letter filed on Wednesday, Alexander said the US trustee’s efforts were based on bad facts and accused “private lawyers” in the …

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