Trusted Cryptocurrency Lawyer
Cryptocurrencies like Bitcoin continue to be one of the most successful investments of our time. The draw of average people becoming millionaires has launched cryptocurrencies into the limelight, and their momentum isn’t slowing down.
However, when new technologies emerge, new crimes follow close behind. From stealing cryptocurrencies to hold them hostage to using them to blackmail others. Sadly, because cryptocurrencies are so new, authorities don’t always know how to handle accusations of theft.
That means you need help when it comes to legal issues surrounding cryptocurrencies and cybercrimes.
What You Need to Know About Cryptocurrency
How Do Cryptocurrencies Work?
Bitcoin and its competitors are digital currencies. They are scarce, which is where they get their value. Their scarcity is also why owners are extra protective of their investments. Instead of relying on central banks, cryptocurrencies utilize encryption techniques to verify their funds.
Also, unlike paper money, there is no centralized organization that monitors transactions. Instead, there is a decentralized network that can be accessed by anyone.
The simplest way to think of cryptocurrency is as virtual money. This money is not regulated by a national bank, but by a peer-to-peer network called the blockchain. This system eliminates cheating and gaming the system. It’s anonymous but completely transparent.
A more formal definition of cryptocurrencies involves a system that meets six conditions:
- It does not require a central authority
- It keeps an overview of cryptocurrency units and their ownership
- It defines whether new cryptocurrency units can be created and how units are generated and owned
- Ownership of units can be proved cryptographically
- It allows transactions to be performed to change unit ownership
- Only one instruction for a change of ownership can be performed at a time, even if multiple are submitted simultaneously
Cryptocurrencies use blockchain technology to share its database of transactions. Blockchain is an unchangeable record of transactions. These transactions can only be added to the blockchain if they are confirmed by all entities on the decentralized network. Once a sale is confirmed, it’s combined with others and cannot be altered.
Are There Rules to Follow?
New marketplaces are hardly regulated as well as other products. There are some laws in existence, but they can sometimes be complicated. Just like any other piece or property, it is illegal to steal cryptocurrency or use it for unlawful purposes.
One of the most litigated issues in the crypto-world involves transfers, or when someone sells crypto-coins to another person. The Financial Crimes Enforcement Network urges that Bitcoin transfers should be treated as Money Services Businesses (MSBs). As MSBs, these trades are subject to the rules set by the Bank Secrecy Act, like requiring identity verification when accounts are opened.
These kinds of laws are meant to reduce the use of Bitcoin to minimize money laundering or other illegal activities.
One of the biggest challenges the government faces is if and how law enforcement can trace stolen funds back to a client. This makes it difficult to keep track of how a Bitcoin moves after an alleged theft. Since the blockchain supplies some anonymity, knowing if a stolen crypto-coin can be tied to the accused is extremely challenging.
If you’ve been accused of stealing any kind of cryptocurrency, you’ll want to contact a cybercrime lawyer immediately. Call us to start building a strong defense as soon as possible!
Work with a Team that Truly Understands the Legal Complexities of Cryptocurrencies
Bitcoin and its counterparts exist in a segment that requires unique understanding and skills. Your California cryptocurrency attorney has to understand the complexities that make cryptocurrencies and blockchain work as well as the ever-changing legal landscape in which they exist.
At LibertyBell Law Group, we have a team of cybercrime attorneys who not only understand this emerging tech but have experience with cryptocurrency law. We make it our business to keep up with tech and legal trends that impact defense.
Give Us a Call Today
Call us today at 855-LAW-PRO1 (855-529-7761) for a free consultation with one of our cybercrime lawyers.
At A Glance
- Expert legal strategist.
- Experienced in both prosecution and defense.
- Relentless fighter for her clients with results to prove it.
- Received the National Top 100 Trial Lawyers Award
- Featured in Time Magazine’s “Leaders of Criminal Defense” in the 100 Most Influential People edition.
Executive Managing Attorney Gina Tennen is a renowned leading advocate of personal liberties. Her meticulous trial preparation and exceptional ability to pursue every possible defense has earned her the admiration of clients and respect from prosecutors, judges, and other criminal attorneys all over the nation.
Lawyer Tennen began her career as a Senior Law Clerk for one of the toughest District Attorney’s offices in the country where she gained remarkable experience in juvenile crimes, elder abuse, parole hearings, child abuse, sex and other serious crimes. Her experience at the District Attorney’s Office armed her knowledge and case strategy in exploiting the other side’s weaknesses for the client’s advantage and building a rock solid defense. Criminal attorney Tennen’s experience on both sides and brilliant maneuvering throughout is evidenced in her winning track record. In fact, even before earning her law degree, she was instrumental in getting excellent results on several criminal cases outshining her peers.
A consummate strategist and top criminal attorney, lawyer Tennen works tirelessly on many high profile criminal cases. She is known as a relentless fighter who never gives up on any case. Whether the case is hers or handled by another criminal defense attorney from LibertyBell Law Group, no matter how small the case may seem she asserts that every client deserves the right to the best legal representation.
It is her deep belief and what she has built her entire career and lifelong dedication to that there is always hope for every client and every avenue should be pursued regardless of the time and energy it takes. For criminal attorney, Gina Tennen, devoting the finest criminal defense for clients is a habit and talent that you must apply and do all the time.
You demand the best defense. Take hold of your life and speak to our defense attorneys by calling 855-LAW-PRO1 (855-529-7761) now.
Founder Gina Tennen and all the defense attorneys at LibertyBell Law Group uphold that when the bell rings, it rings for life and liberty for all.
REQUEST A FREE CONSULTATION
WHAT OUR CLIENTS SAY:
Gina was like a lioness protecting her cub.
I hired Gina and her team for my son who was facing 10 years for something they said he did when he was 17 years old. Gina was like a lioness protecting her cub. She did not stop. She fought hard and was able to defend the charges. We are so grateful to her and her team. They gave us our son. He recovered his life!– L. W.
Best defense lawyers in the country.
I hired this law firm in 2014 for my son who was facing 16 years in prison for a felony robbery. Lina Helou answered all our questions. I was extremely distraught regarding what my son was facing but Lina comforted me and told me that it would be okay. And thank goodness LibertyBell saved my son from going to jail and they were able to obtain only 3 years of probation. I could not have hired a better law firm for my son and if you want the best defense call LibertyBell Law Group. Thank God for this great group of lawyers.– V. J.
A great team of lawyers.
I do not have enough words to describe how incredible the experience with this firm was. They work very hard to make sure you have winning results. I could not have asked for better service from the moment I called, until my case was over. I was glad I made the right choice. Thank you again LibertyBell Law Group!– S. O.
She took her time to review all of my evidence and proved my innocence.
My father had found this group through his company and coworkers. I was assigned Gina Tennen and I cannot explain in just a review on how gratefull I am to be working with her. My case was an accusation of unlawful sex. This had looked extremely bad on my part since I was in a fraternity and she was in a sorority. During these times with Greek life, there are too many bad stigmas surrounding these organizations. Gina had believed in me and knew that I was innocent and that these accusations just were not true. She took her time to review all of my evidence and proved my innocence. I totally recommend this law group because they are willing to put in the work to help your situation.– C. D.
Gina always kept me fully aware of how the case was proceeding.
When I first heard I was under a criminal investigation, I initially thought I would try and resolve this in the best way possible, without legal representation, as we were all interested in a "just" outcome. I quickly discovered that was not the case and contacted Gina at Liberty Bell. She clearly described the expectations and the choices available to me. She was always available to me, and when I called, if she couldn't talk with me at that time, she would quickly get back to me. Gina always kept me fully aware of how the case was proceeding. Her fee's were stipulated up front, as well as what those fees covered and what they did not.– S. B.
Attorney Gina Tennen was on point from day one.
Attorney Gina Tennen was on point from day one putting pressure on the sherrif's office to get things handled. With Child molestation accusatinos being thrown around Gina and Attorney Castro were great at keeping the pressure on and had no charges filled. The DCFS indications were appealed and we won with flying colors. Great service, great work, and will use again for all legal matters.– A. B.