Cryptocurrency and Fraud - a Double-Edged Sword in the Digital Age

Press release

The emergence of cryptocurrency has radically changed the concept of money and has brought with it challenges.  Digital assets provide immense potential as well as significant risks.  It raises both legal and to some degree ethical questions about trust and stability.  The rise of cryptocurrency fraud has been significant and a challenge to counter.

Giambrone & Partners partner Joanna Bailey, who leads the banking and financial fraud department, stands at the forefront of cryptocurrency fraud litigation, delivering exceptional results for our clients worldwide.  She has been instrumental in developing ground-breaking legal strategies tailored to the unique challenges of cryptocurrency fraud. Joanna was instrumental in the first case in Europe (the second case globally) where legal proceedings were served on Persons Unknown, in connection with digital wallets associated with cryptocurrency fraud over the block chain via non-fungible tokens (NFTs).

This innovative approach established new legal precedents which considerably advanced the potential for recovery of funds lost to cryptocurrency fraud.  Giambrone & Partners has achieved remarkable recoveries, securing over £1.2 billion for clients affected by cryptocurrency fraud. 

Cryptocurrencies enable instant and low-cost cross-border transactions without the need for intermediaries like banks or remittance services. This has significant implications for global trade.  To some degree this facilitates fraud as there is no oversight by an independent entity.

Giambrone & Partners’ offices across Europe and our diverse team of legal experts provides strategic positioning which assists the firm to effectively navigate the complexities of cryptocurrency fraud recovery,

Giambrone & Partners combines global reach with local expertise allowing the firm to effectively navigate the complexities of international cryptocurrency regulations and fraud recovery, ensuring clients receive comprehensive and informed legal representation.

Investors seeking expert legal assistance in finding a way to address cryptocurrency fraud, our lawyers have unparalleled expertise and a proven track record of success.

Contact us to learn how we can help protect your digital assets and secure your financial future and recover your lost funds.

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for immediate release 20.03.2025

Giambrone & Partners is a foremost law firm in the recover of funds in cryptocurrency fraud. Giambrone & Partners is an international multi-jurisdictional, multi-lingual law firm with years’ experience in providing dynamic, solution-focused international legal advice, across a range of jurisdictions, together with our local cultural knowledge and insight, all found under one roof.

Contact us https://www.giambronelaw.com/site/contact/callback-request/

Media contact: Anne Gadd  anne.gadd@giambronelaw.com