Insurance, given that businesses are increasingly choosing to obtain loss insurance, however, one common exclusion of liability is if an insider was involved in the theft.Anti-money laundering, compliance/regulatory, and due diligence.Suspect ICOs – ever wonder how the founders of those ICO projects managed to buy all those Lambos before even having a working product?.Hidden and/or non-disclosed assets, such as in a divorce or business relationship.In some cases, the company pays out of pocket, while in other cases, if the company has cyber insurance, their insurer is left to foot the bill. Ransomware cases – ransomware cases have increased dramatically in the past couple of years.

Intellectual property litigation, which sometimes involves the use of patented or private blockchains or blockchain technology.Embezzlement and misappropriation of funds (whether by suspect ICOs, VCs, etc.).Frauds of various types – Investment fraud, securities fraud, ‘exit scams’, Ponzi schemes.There are a very wide range of cases where expertise involving blockchain, Bitcoin or cryptocurrencies has been sought and as one might expect, given that cryptocurrency is a form of money, many (but certainly not all) of these cases have involved the wrongful movement of those funds. Types of Cases Requiring Cryptocurrency Experts Legal professionals have struggled to find qualified experts and often aren’t sure what to look for, so in this article, we discuss the appropriate credentials, experience, expertise and background one should consider if an expert witness with Bitcoin, cryptocurrency, or blockchain expertise is needed. Yet cryptocurrency is such a new and burgeoning field, which most people, including lawyers and judges, lack an elementary understanding of. As cryptocurrency adoption has grown, there has been increasing demand from legal professionals for expert witnesses that are qualified to opine on nuances involving cryptocurrency in court.

Bitcoin expert witness