Ransomware and Crypto: The Growing Compliance Challenge
The growing threat of ransom demands, paid in cryptocurrencies, is becoming a huge compliance headache for financial institutions. A recently published landmark report, , aims to...
Tagged: EXTERNAL-LEGAL
NFT sales are hot! But what is actually for sale?
September 13, 2022 – NFTs, or non-fungible tokens, represent ownership interests in digital assets. Each NFT is unique, distinct from fiat assets such as US currency,...
Wire fraud: the most powerful law in crypto right now
23 August 2022 – Regulation and enforcement in the cryptocurrency space are hot topics, with the debate centering around the complex question of whether to classify...
Potential preference exposure for crypto withdrawals
August 16, 2022 – Crypto customers who withdraw crypto assets from an exchange or custodian within 90 days of the exchange or custodian filing for bankruptcy...
Charitable deductions: donating cryptocurrency and NFTs for tax purposes
July 25, 2022 – “Salvator Mundi” by Leonard da Vinci, a painting created more than 600 years ago by one of the most famous artists of...