The infamous Bitfinex hack is back in the public eye. Forget the Netflix show, the real drama is the actual fight over who is entitled to restitution. Account holders may have given up years ago, but they now have a chance to recover their stolen Bitcoin, though Bitfinex stands in the way.

In this article for Reuters Legal News and Westlaw Today, Joseph Cioffi and his co-authors discuss the pending dispute and decision which will influence customer contracts and the way future hacks are resolved.

Read the full article: When Stolen Crypto is Recovered, Who Is Entitled to Restitution?

Photo of Joseph Cioffi Joseph Cioffi

Joseph Cioffi, Chief Operating Partner and Chair of the Bankruptcy, Creditors’ Rights + Finance Practice Group, gives his diverse client base a competitive edge through his deep and nuanced understanding of financial market dynamics. He advises businesses including domestic and international financial institutions…

Joseph Cioffi, Chief Operating Partner and Chair of the Bankruptcy, Creditors’ Rights + Finance Practice Group, gives his diverse client base a competitive edge through his deep and nuanced understanding of financial market dynamics. He advises businesses including domestic and international financial institutions, marketing communications firms, and creditors from various sectors. Read More…

Photo of H. Seiji Newman H. Seiji Newman

Seiji Newman resolves complex commercial disputes, including bankruptcy, creditors’ rights, and insolvency matters for financial institutions, real estate companies, hedge funds and business enterprises. Read More…

Photo of Adam M. Levy Adam M. Levy

Adam Levy supports solutions that help global financial institutions, creative agencies, technology startups and consumer goods manufacturers resolve their most significant commercial disputes. He has particular experience in fraudulent and preferential transfer actions and financial products litigation, including putback and indemnification lawsuits related…

Adam Levy supports solutions that help global financial institutions, creative agencies, technology startups and consumer goods manufacturers resolve their most significant commercial disputes. He has particular experience in fraudulent and preferential transfer actions and financial products litigation, including putback and indemnification lawsuits related to asset-backed securities, including RMBS. Read More…

Photo of Massimo Giugliano Massimo Giugliano

Without proper guidance, the intricacies of bankruptcy and complex financing arrangements can expose parties to significant losses and unwanted litigation. Massimo Giugliano applies his deep knowledge of bankruptcy, finance and creditors’ rights to preserve and maximize the rights of international financial institutions, national…

Without proper guidance, the intricacies of bankruptcy and complex financing arrangements can expose parties to significant losses and unwanted litigation. Massimo Giugliano applies his deep knowledge of bankruptcy, finance and creditors’ rights to preserve and maximize the rights of international financial institutions, national banks, mortgage originators, commercial landlords, advertising agencies and media companies. Read More…