Cryptocurrency’s Legal Revolution: Opportunities and Challenges that Cryptocurrency and Block-Chain Technology Create for Criminal Enforcement
Though in its incipiency, cryptocurrency is rapidly gaining credibility as an alternative to fiat money. In recent years, several cryptocurrencies have entered the fray and have dramatically appreciated in value. As an attestation of cryptocurrency’s ascendance, a number of leading thinkers in the technology space have taken notice. Jared Cohen, CEO of Jigsaw, noted: “I think it’s very obvious to all of us that [cryptocurrencies] are inevitable.” Eric Schmidt, former Chairman and CEO of Alphabet, Inc., observed about Bitcoin (a type of cryptocurrency): “The ability to create something which is not duplicable in the digital world has enormous value.” And Bill Gates, co-founder of Microsoft, exclaimed: “Bitcoin is a techno tour de force.”
Cryptocurrency, however, promises to change much more than the world of commercial transactions. Criminal authorities that have honed sophisticated techniques for using fiat money to investigate criminal activities are faced with a new set of challenges and opportunities associated with cryptocurrency. How are criminal enterprises using cryptocurrency? What information can criminal authorities glean from cryptocurrency transactions? How do criminal authorities identify the source of a cryptocurrency transaction? Is regulatory oversight of cryptocurrency even possible?
SABA-DC, Georgetown University Law Center’s SALSA, and the Silicon Valley Arbitration and Mediation Center Young Professionals have assembled a panel of distinguished speakers to discuss some of those challenges and opportunities.
Sujit Raman, Associate Deputy Attorney General, U.S. Department of Justice,
Kiran Raj, Chief Strategy Officer, Bittrex
Date: March 6, 2018
Time: 6:30 pm
Location: Georgetown University Law CenterMcDonough Hall
600 New Jersey Avenue, NWRoom 203Washington, DC 20001
**Registration is now available to non-members as well as members.
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South Asian Bar Association of Washington, D.C.
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