The FTC recently reported that over $650 mm worth of cryptocurrency was stolen by hackers last year. Thus far, over $320 mm in cryptocurrency has been stolen by hackers this year. Not surprisingly, this surge in crypto breaches has led to litigation. In our monthly webcast series, Ballard partners Phil Yannella, Greg Szewczyk and Margie Peerce discuss the emergence of “crypto breach” litigation.
They discuss the causes of action, defenses, and pro-active steps that companies can take to prepare for litigation in the wake of a crypto breach, including how to recover stolen crypto funds.