Skilled Legal Representation For Companies And Individuals Charged With Cryptocurrency Crimes
Today’s current and ever-evolving technologies offer new ways of doing business. Technology is reinventing the financial and monetary landscape as we know it. The global acceptance and rapidly evolving usage of cryptocurrencies such as bitcoin and ethereum, as well as lesser-known coins, are being scrutinized by law enforcement and regulatory agencies here in New York, the U.S. and around the world. Our New York City federal criminal defense attorneys at Sapone & Petrillo, LLP, stay at the forefront of the rapidly evolving laws.
Digital Currency Crimes And Criminal Activity
Digital currency has attracted the attention of the FBI and the U.S. Department of Justice (DOJ). Crimes being committed are using bitcoins for laundering money as well as in other criminal activities like fraud, tax evasion and within the shadow economy for the purchase of illegal goods and narcotics.
If you are an individual or part of an organization facing criminal charges due to cryptocurrency crimes or suspect that you are under investigation, you need experienced legal assistance immediately. The attorneys at Sapone & Petrillo have an extensive track record of successfully defending highly complicated white collar crimes and protecting the rights of individuals and companies against criminal accusations at federal and international levels.
Federal Criminal Attorneys To Protect Your Rights And Freedom
Cryptocurrency charges are prosecuted on a federal level due to the nature of their operations. A crime falls under federal jurisdiction when a transaction crosses state or international lines. As time passes, investigative and regulatory agencies refine their techniques to detect and flag suspicious activity. Therefore, transactions are not as invisible as users may have initially believed.
Our attorneys have considerable experience handling complex criminal accusations and developing sophisticated legal solutions to defend the following charges:
- Coin theft by hacking users’ login information – such as Coinbase or other cryptocurrency exchange login data – or infrastructure to steal bitcoins.
- Mail and wire fraud, identity theft, social engineering or ransomware attacks.
- Crypto laundering, just as in money laundering, that involves operations to transfer money in transactions that are apparently legal.
- Use of stolen bitcoins in illicit activities, including the acquisition of drugs, prostitution, sex trafficking and other crimes.
- Fraudulent or unregistered new coin offering scams.
As in every criminal case, a knowledgeable attorney can protect your rights while building a solid defense based on evidence, coupled with an understanding of how the prosecution will prepare their case. At Sapone & Petrillo, LLP, we have the experience and the resources to obtain the best possible outcome for you.
The sentencing guidelines for these types of crimes carry severe consequences. Federal charges have tough sentencing guidelines. These crimes could bring considerable penalties, such as long-term incarceration, along with paying significant fines and restitution.
Criminal Charges Cannot Wait
You have rights, and we are here to defend them. If you need a New York City federal criminal defense attorney who has experience with complex and high-profile crimes, our legal team can help.