Bitcoin Fraud Defense Attorney -- Chicago & New York City
One of the most rapidly emerging, and least understood, issues in the ever-changing 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" or “alt-coins.” They exist without government oversight and are increasingly mentioned as one of the mediums by which fraud is allegedly perpetrated.
Fighting Allegations Involving The Use Of Bitcoin
Nishay K. Sanan, prides himself on remaining at the forefront of emerging criminal defense topics. He spend significant time researching developing trends in the law, by providing his clients with the cutting-edge defense representation they deserve. He will aggressively defend his clients facing virtual currency charges, as well as any related wire and mail fraud charges or allegations of other white collar criminal offenses.
Bitcoin and other virtual currencies -- Complex problems:
--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 (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 stigma that arises from the currency's anonymity and use of public-key cryptography
Nishay K. Sanan understands Bitcoin fraud and other related electronic crime issues is well-known throughout the criminal defense community. He has over 20 years of experience in federal courts.
Criminal Defense -- For All Virtual Currencies
When the government accuses our clients of using virtual currency to evade detection or fund criminal enterprises, Nishay K. Sanan will draw on our vast knowledge to develop solutions that shield his clients from the criminal and collateral consequences of a conviction.
His ability to defend clients in Bitcoin-related matters is not limited to fraud cases. He is 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.