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Cryptocurrency Fraud Criminal Defense

Charged With a Bitcoin-Related Crime? Our West Covina Attorney Can Help!

When it comes to the digital world, the progression and constant growth enables new technologies to pop up before they are fully understood. Recently, the fraudulent use of Bitcoin and other similar cryptocurrencies have gained attention from federal agencies, resulting in serious penalties for those charged with associated cybercrimes.

The development of digital or virtual currencies, like Bitcoin, has opened up a whole new world for the digitally inclined. These virtual currencies, or cryptocurrencies, include any type of cloud-based digital currency. Through these virtual arenas, it is possible to commit fraud, money laundering, or even make illegal purchases or sales. If you are charged with cryptocurrency fraud, it is crucial that you seek the help of an experienced white crimes lawyer to protect your rights and freedom.

Why Choose The Coimbra Law Firm?

  • 20+ Years of Legal Experience
  • Thousands of Clients Represented Throughout California
  • Persistent Attorney Focused Solely On Criminal Defense
  • Weekend Appointments Available

Call (626) 205-3794 to schedule a free consultation with our criminal defense attorney.

Fraud Through Bitcoin & Similar Virtual Currencies

Bitcoin began in 2009 as the first decentralized virtual currency. It allows individuals to transfer funds without a central bank or third-party administrator, which essentially removes a central authority and helps cut transaction fees. Bitcoin users can remain anonymous and are, in many ways, using a digital wallet that nobody else can see. Since the formation of Bitcoin, many other cryptocurrency competitors have been created.

Popular cryptocurrencies similar to Bitcoin include:

  • Litecoin (LTC)
  • Ethereum (ETH)
  • Zcash (ZEC)
  • Dash
  • Ripple (XRP)
  • Monero (XMR)

While these are a few of the biggest cryptocurrency platforms, there are others out there. Any type of theft or fraud committed on any of these currency networks could result in serious penalties and legal consequences.

Defense Against Cryptocurrency Fraud Charges

At The Coimbra Law Firm, we make it our mission to stay in front of emerging crimes, learning all necessary aspects of cybercrimes as they apply to the digital world. Cryptocurrency fraud is new, and therefore difficult to track and, sometimes, difficult to prove. We can work with you to assess your situation, gather documents and information pertinent to your case in order to build a strong defense on your behalf.

We use cutting-edge defense strategies to help advocate for your rights and protect your future. The federal government is aggressive in doling out punishments to those found guilty of fraud. Digital fraud can be punishable by upwards of 20 years behind bars, in addition to hefty fines, probation, and a criminal record. If you are under investigation for fraud through Bitcoin or another virtual currency, take immediate action to defend yourself.
Contact The Coimbra Law Firmto discuss your case with our criminal defense attorney.

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