Investigating the Downfall of Cred Inc.

Paying homage to the wild west era of digital assets, online cryptocurrency lending platform, Cred abruptly filed for chapter 11 bankruptcy protection in Delaware on Saturday, November 7th, 2020. 

The dramatic rise and fall of Cred Inc. left more questions than answers, which is, unfortunately, a common occurrence in the still-nascent cryptocurrency industry. Luckily, there is a trail of online ‘bread crumbs’ and court filings that help paint a picture, albeit an opaque one. Only time can provide clarity as more details become public.