Bloomberg Law
Jan. 29, 2019, 9:56 AM

Crypto Work Still Priority of Law Firms Despite Burst Bubble

Sam Skolnik
Sam Skolnik

Major law firms that decided several years ago to advise clients on cryptocurrency matters aren’t backing down, despite the recent plummet in value of digital currencies like Bitcoin.

Practice leaders concede that the popped crypto bubble has resulted in a tough time for a segment of their clients, especially startups, as fewer new crypto businesses are forming than in recent years, and consequently the “new deal flow” is slowing.

Yet these attorneys report such practice groups are still thriving despite the changed market. This is due to increased regulatory inquiries and investigations, more litigation, and a growing need to help ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.