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Investors Allege Florida Man Stole $5M in Bitcoin Escrow Scheme Tied to Law Firm

“This matter demonstrates a significant deficiency within traditional legal practice: A law firm that undertakes custody or oversight of digital assets must possess a competent understanding of crypto-wallet architecture, seed-phrase security and decentralized custody mechanics, or risk becoming an unwitting participant in fraudulent conduct, said Nicolle Lafosse, of counsel at the international law firm of […]

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Published on     Posted In: Law.com