Dynamis Expertise: Crypto and Blockchain Litigation
Dynamis attorneys are some of the most experienced crypto-asset attorneys in the country. Dynamis crypto lawyers have represented crypto exchanges, crypto executives, crypto-asset founders, market makers and consumers in high-value individual, enforcement, regulatory, multi-party, and class actions throughout the United States, including in the District of Massachusetts, New York, California, Colorado and the Southern District of Florida.
We understand the legally and factually novel issues arising from crypto disputes, and we can provide the highest level of representation across this cutting-edge sector, in both white-collar cases as well as civil litigation
Selected Experience and Results in Criminal and Civil Crypto-asset Disputes
Representing co-founder of blockchain company that was defrauded by former partners. Dynamis attorneys have already obtained “issue sanctions” in California state court as a consequence of the defendants’ malfeasance.
Representing crypto-asset firm Unicoin and its executives in lawsuit filed against it by the Securities and Exchange Commission. Dynamis is designing a multi-prong aggressive defense to ensure the company’s future.
Representing Shipyard Software, a company that helps operate decentralized crypto exchange, Clipper, in first of its kind litigation against venture capitalist Polychain concerning the alleged breach of a liquidity provider agreement. See Polychain Capital LP v. Shipyard Software, Inc., Case No. 2022-0705-MTZ (Delaware Chancery). In the initial filings recently argued in Delaware Chancery Court by attorney Eric Rosen, Dynamis attorneys secured dismissal of multiple counts of the complaint filed by Polychain.
Secured successful resolution of ownership dispute between crypto-mining investment company executives. Many crypto companies do not have clear ownership or partnership agreements that justify the division of assets. In this case, a rogue executive demanded more than his fair share, and Dynamis attorneys fought back, securing a highly successful pre-litigation resolution on behalf of the other company founds.
Representing former Chief Financial Officer in the bankrupt crypto-asset Firm “Celsius.” Dynamis attorneys, led by partner Eric Rosen, currently represents the former Celsius CFO in multiple matters, including a class-action and an action brought by the Unsecured Creditors Committee.
Representing an uncharged alleged coconspirator in the recent crypto “market manipulation” cases charged by both the United States Attorney’s Office and the SEC in the District of Massachusetts.
Obtained declination from federal prosecutors in Colorado in novel crypto “bug” incident. Our client minted millions of ICX tokens out of the “ether” due to a significant bug in the ICON Network’s platform. Federal officials then seized the crypto-assets, alleging violations of federal fraud (wire and computer) statutes. Ultimately, after multiple presentations and significant litigation, federal prosecutors declined to charge our client.
Represented 118 retail investors in mass arbitration against Coinbase. In one of the largest and most significant mass arbitrations with a crypto company, Dynamis attorneys represent 118 claimants who lost millions in crypto-assets alleging significant security flaws in the Coinbase Wallet.
Representing founding partner of international blockchain gambling business in related disputes against former partners in the Southern District of New York and Florida state court. The dispute remains pending.
Representing premiere crypto-tax firm in trade secrets litigation in the Northern District of Illinois. This dispute remains pending.
Representing individual charged as part of a District of Massachusetts investigation into the “Saitama” coin. Dynamis currently assisting with helping this individual fight extradition from the United Kingdom.
Asset recovery in failed crypto hedge fund. When our client, an institutional crypto fund based in Hong Kong, had its assets stolen by Stefan Qin, who was charged and pled guilty to facilitating a hedge fund Ponzi scheme, Dynamis attorneys were retained to conduct an investigation and work with the appointed receiver to recover the assets.
Secured highly-favorable resolution in the Western District of Pennsylvania defending an individual and a company in a class-action related to a 2017 Initial Coin Offering. After default judgment had been entered, Dynamis attorneys were retained and negotiated a highly favorable damages resolution at a small-fraction of the initially demanded sum of money.
Representing individual investor who was defrauded as part of his investment of assets into decentralized crypto company. Dynamis’ aggressive demands forced the crypto company to relinquish client assets.
Representing a crypto company founder in a complex dispute with their co-founders regarding the equitable distribution of company tokens and their implications for ownership and control within the business structure.