Following the recent publication of the U.S. Attorney General's cryptocurrency enforcement framework, Spilman attorneys Corey Bonasso and Nick Mooney discuss cryptocurrencies, their legitimate uses, and some inherent legal issues, including bankruptcy and tax issues, anti-money laundering requirements, the recent arrests of the BitMEX exchange owners, and the recent $60 million fine to a cryptocurrency mixing service.

Spilman Insights

Spilman Insights

Cryptocurrency, Legitimate Uses, and Potential Issues

NOV 10, 202031 MIN
Spilman Insights

Cryptocurrency, Legitimate Uses, and Potential Issues

NOV 10, 202031 MIN

Description

Following the recent publication of the U.S. Attorney General's cryptocurrency enforcement framework, Spilman attorneys Corey Bonasso and Nick Mooney discuss cryptocurrencies, their legitimate uses, and some inherent legal issues, including bankruptcy and tax issues, anti-money laundering requirements, the recent arrests of the BitMEX exchange owners, and the recent $60 million fine to a cryptocurrency mixing service.