Privacy Risk Report

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bitcoin

Is Bitcoin Legitimate Currency? The Courts Seem To Think So

Bitcoin has been a popular buzz word for the last couple of years. People have written several articles on the topic, created documentaries to explain how it works, and some have even ventured out to dabble in the exchange. While… Continue Reading →

Court Finds Virtual Currencies Are “Commodities” Subject To Existing Laws

Unfortunately, the law governing cyber security and privacy issues has not kept pace with the technology giving rise to these issues.   However, a recent decision applying existing law to Bitcoin and other virtual currencies provides insight on how we may… Continue Reading →

Bitcoin Hack Triggers Litigation Under Commercial Crime Policy

On September 15, 2015, Bitpay, Inc. filed a lawsuit against its insurer, Massachusetts Bay Insurance Company, related to a hack at the company that resulted in an unauthorized transfer of bitcoin valued at more than $1.8 million. In its Complaint… Continue Reading →

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