Cryptocurrency Tracing and Recovery Across Borders: A Complex Task for Lawyers

The New York State Bar Association hosted a discussion on tracing and recovering cryptocurrency in cross-border litigation. The panel featured practitioners from the US, UK, and Netherlands. Chair Daniel T. Podhaskie, Counsel at Whiteford, Taylor & Preston LLP, moderated the conversation.

Panelists included James Collins, Partner at Collins Botiuk; Yuri Botiuk, also a Partner at Collins Botiuk; Mark DiMichael, Partner at Citrin Cooperman; and Greg Schneider, Managing Director at Chainlabs. The discussion covered various strategies for tracing digital assets across borders.

Although the panel did not provide specific case studies or outcomes, they emphasized the importance of understanding cryptocurrency markets and regulatory environments in different jurisdictions. This expertise can aid lawyers in navigating complex cross-border cases involving digital assets.