Follow Us

Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

Bankruptcy Cryptocurrency Cybersecurity

Cybercrime and Bankruptcy: The Crypto Winter

It comes as no surprise that the crypto winter has reinforced the perception of critics that digital currencies are “risky, flawed and unproven digital financial instruments.” This article analyzes the state of the cryptocurrency market and examines the impact of cybercrimes and crypto bankruptcies on the current market.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Cryptocurrency markets experienced significant losses during the first half of 2022 as the market’s capitalization declined from $2.9 trillion at the end of 2021 to less than $900 billion at the beginning of June 2022. The most popular cryptocurrency, Bitcoin, was trading at about $21,493, down 54% from the start of the year. Ethereum, the second-biggest crypto by market cap, was down about 56% year-to-date, trading at $1,651.

To continue reading,
become a free ALM digital reader

Benefits include:

*May exclude premium content

Read These Next