Cryptocurrency And Blockchain: Effects On Matrimonial Law (Webinar)
Bitcoin (BTC) is the world’s most popular cryptocurrency. $30 – $40 BILLION worth of BTC changes hands on any given day. It can be transferred from person to person in minutes – without the involvement of any financial institution or governmental or regulatory authority. It has no physical form and its ownership and control is prima facia anonymous. These attributes make Bitcoin and other cryptocurrencies very attractive to matrimonial litigants (and others) seeking to hide assets, conduct ‘anonymous’ transactions and place assets outside the reach of the courts.
This program will provide a basic understanding of how cryptocurrencies and blockchains operate, discuss their potential impact on a matrimonial litigation, and provide specific information and strategies to address these risks when conducting financial investigation and discovery.
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