The cryptocurrency and blockchain technology industry is already crowded with firms eager to nab high-tech startups as clients or help legacy clients navigate a brave new world. But some BigLaw firms have gone further. Over the past 2½ years, several of the largest firms in the world have joined legal working groups aimed at bringing …
Tag: Cryptocurrency
This One MtGox Creditor Might Recover $61 Million Dollars – or Some Other Amount of Dollars or Possibly No Dollars
This article first published on Popula.com on July 12, 2018. It is available for reprints. PDF: this-one-mtgox-creditor-might-recover-61-million-dollars “You can open the champagne now.” Joyful celebration lit up online groups for creditors of the bankrupt MtGox exchange on June 22, when a Japanese court decided to move the company into “civil rehabilitation,” a new legal process that …
Lawyers Getting Paid in Bitcoin (Mostly) Like It
Although it might go against a lawyer’s natural propensities toward risk aversion, some practitioners have started accepting payments in digital currencies amid the bitcoin boom. “I’ve known for a long time that my opportunity to expand in certain areas has been affected by not taking it,” said Carol Van Cleef, a Washington, D.C. lawyer who …
Call Her the Constable of Cryptocurrency
Once upon a time there was a hero who took down the corrupt French Maid, who had manipulated and stolen from the Dread Pirate Roberts on The Silk Road. It sounds like the plot line of a swashbuckler movie, but actually, it’s part of the tale of Kathryn Haun’s rise as a federal prosecutor who …
Don’t Know What Blockchain Is? You Should. This Law Prof Can Help.
Bitcoin. Ethereum. Blockchain. It sounds like a foreign language, clouded in mystery. But with billions of dollars flowing through cryptocurrency systems, and governments and major companies looking to blockchain technology to reform a wide variety of critical record-keeping systems, law students and lawyers need to get up to speed. Even with great change brewing, only …
$30M in Bitcoin Ordered Returned in Cryptocurrency Class Action
A federal judge has ordered the return of 11,000 bitcoins worth about $30 million in a decision considered the first of its kind. The ruling by U.S. District Judge Kenneth Marra of the U.S. District Court for the Southern District of Florida stems from a class action in which plaintiffs alleged that the defendant had …