Tag: Cryptocurrency

BigLaw firms are working together to influence how blockchain technology will operate in the future

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 …

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 …