Crypto and Blockchain Litigation
Dynamis attorneys are some of the most experienced crypto-asset attorneys in the country. Dynamis attorneys have represented crypto exchanges, crypto executives, crypto founders, and consumers in high-value individual, enforcement, multi-party, and class actions throughout the United States, including in the S.D.N.Y., D.N.J, N.D. Cal., San Jose Superior Court Complex, 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.
Experience and Results
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 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.
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.
Representing 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.
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.