Overview
– Client testimonial
With the largest full-time crypto-exclusive team in the industry, McDermott has been keeping clients ahead of the FinTech and blockchain curve since day one. The team’s sharp focus and unmatched sector experience – with leadership from Partner Joe Evans, who has been a crypto lawyer since 2013 and was recognized by The American Lawyer as a “trailblazer” for his progressive work in crypto law – add up to a significant advantage for your business. McDermott’s FinTech and Blockchain Practice Group is also highly ranked in Chambers USA’s FinTech Guide, including in the FinTech Legal: Blockchain & Cryptocurrencies category and as one of the few firms ranked Band 1 in Crypto-Asset Disputes.
Crypto & Blockchain Capabilities
Our crypto lawyers – who spend 100% of their time on crypto work – focus on transactions, litigation, investigations, and regulatory strategy, with a range of experience we can deploy to support your business needs.
Crypto Transactions
We have spearheaded and regularly handle all types of crypto transactions, including:
- Token launches
- Token sales
- Capital markets offerings
- Fund formation
- Venture and private equity investments
- Private sales of unique items
- Technology agreements and commercial contracts
Crypto Litigation, Investigations & Regulatory
McDermott has led the charge in crypto litigation and investigations, representing more creditors, committees, and fiduciaries in high-profile crypto bankruptcies than any other law firm. This includes representing the:
- Official Committee of Unsecured Creditors in Cred, Voyager Digital Holdings, Terraform Labs, and Rhodium
- Post confirmation litigation trusts in Cred, Voyager Digital Holdings, and Prime Trust
- Debtors in Prime Trust
- Ad hoc committee of crypto creditors in Genesis
We have defended clients in every major US Securities and Exchange Commission (SEC) crypto investigation and against enforcement actions brought by virtually every federal criminal and regulatory body, as well as state banking and securities regulators nationwide.
Our crypto lawyers are frequently engaged to:
- Represent stakeholders in crypto bankruptcies and restructuring
- Prosecute and defend cutting-edge crypto cases
- Defend against federal and state government investigations
- Conduct internal investigations for crypto exchanges and blockchain-based platforms
In addition, our clients – ranging from creditors and investor groups to high-net-worth individuals and entities worldwide – turn to us with their highest-risk and most important regulatory decisions. Because of our deep technical knowledge and unmatched on-chain experience, clients rely on our crypto lawyers for their most complex product offerings. Legislators and regulators also turn to us to draft new laws to protect the crypto industry and its participants.
We also advise on:
- Obtaining money transmitter and other state licenses
- Initial coin offerings
- Stablecoin issuances
- Launching new centralized exchange and decentralized finance products
Crypto Recovery
We are on-chain native and ready to trace, litigate, and recover stolen crypto. Setting industry precedents along the way, our crypto lawyers have pioneered litigation in:
- Crypto tracing
- Decentralized autonomous organization (DAO) lawsuits
- Crypto turnover orders
- Transfers of physical assets (TPAs)
- Simple agreements for future tokens (SAFTs)
- Crypto theft
