Associate David Shim co-authored the Highlight Article in Issue No. 5 of INSOL International Newsletter. The article discusses the implications of Bittrex Inc., the US subsidiary of cryptocurrency exchange Bittrex, filing for protection under Chapter 11 in Delaware. The authors note that if the bankruptcy cases of Bittrex Inc. and three of its affiliates are last in the Chapter 11 queue, they are notable for securing novel debtor-in-possession (DIP) financing—the first facility of its kind denominated in Bitcoin instead of US dollars or another fiat currency.