Bitcoin And Virtual Currency Fraud

Beverly Hills Bitcoin Fraud Defense Attorneys

One of the most rapidly emerging, and yet least understood, issues in the ever-evolving world of cybercrime is the fraudulent use of Bitcoin and other virtual currencies. Due to their decentralized and encrypted economy, these peer-to-peer (P2P) currencies are often referred to as "cryptocurrencies." They exist without government oversight and are increasingly mentioned as one of the mediums by which fraud is allegedly perpetrated.

A Pre-Eminent Resource For Fighting Allegations Involving The Use Of Bitcoin

At Kaplan Marino, we pride ourselves on remaining at the forefront of emerging criminal defense topics. We spend significant time researching developing trends in the law, allowing us to provide our clients with the cutting-edge defense representation they deserve. Our attorneys aggressively defend clients facing virtual currency charges, as well as any related wire and mail fraud charges or allegations of other white-collar criminal offenses.

Our knowledge of Bitcoin and other virtual currencies encompasses such complex topics as:

  • How Bitcoin can be accessed through hidden services on Tor and other "deep Web" clients
  • The ways the FBI and other law enforcement agencies attempt to monitor and track alleged black markets such as Silk Road
  • How Bitcoin exchanges such as Mt. Gox operate and allow the transfer of Bitcoins
  • Public perception of Bitcoin, and how to effectively counteract any skepticism or stigma that arises from the currency's anonymity and use of public-key cryptography

Our understanding of Bitcoin fraud and other related electronic crime issues is well-known throughout the criminal defense community. Nina Marino and Richard Kaplan frequently lead discussions on Bitcoin and other virtual currencies, and have been quoted by such publications as the American Bar Association Journal.

Bold, Creative Solutions For Any Virtual Currency Matter

When the government accuses our clients of using virtual currency to evade detection or fund criminal enterprises, we draw on our vast knowledge to develop creative solutions that shield our clients from the criminal and collateral consequences of a conviction.

Our ability to defend clients in Bitcoin-related matters is not limited to fraud cases. We are also able to protect those who have been accused of stealing Bitcoins — which is considered the theft of property because the IRS does not recognize Bitcoins as a true currency.

Contact our Beverly Hills office to arrange a consultation. Our lawyers serve clients throughout California and across the nation.