Gray Reed’s Blockchain and Digital Assets Practice Group has a strong reputation for helping U.S. and international clients navigate complex regulatory frameworks, maximize tax efficiency, structure crypto-related transactions and resolve many types of controversies involving digital assets. Our interdisciplinary team provides end-to-end capabilities to a wide variety of cryptocurrency investors and businesses, and we have the extensive resources necessary to handle government investigations and litigation from coast to coast.
Our experience in cryptocurrency matters is extensive. Most of our practice members have been at the forefront of these unique issues since the early days of digital assets and blockchain technology, and we have a proven track record of resolving difficult matters as regulatory enforcement becomes more complex and government enforcement becomes more aggressive. Several practice members also have significant backgrounds as former litigators for the Department of Justice and the Securities and Exchange Commission with first-hand knowledge of how regulators build and prosecute cases involving cryptocurrency assets, taxation, securities, fraud and related issues.
Cryptocurrency investors and businesses are in the enforcement crosshairs of the IRS, SEC, CFTC and related state agencies as new regulations and laws emerge, and governments hire more agents to uncover fraud or violations of tax, securities and other laws. Our team helps clients comply with the regulations impacting their cryptocurrency- and blockchain-based businesses and implement effective programs to improve their investigation response readiness and mitigate the impact of government inquiries.
Our broad experience includes strategy design and execution in all types of crypto-related compliance matters, representation before regulatory agencies, disclosure issues with John Doe and other government summonses and information requests, preparing IRS voluntary disclosures for unreported or improperly reported cryptocurrency transactions, helping clients fulfill registration and disclosure requirements related to crypto-based offerings, and much more.
Tax and Transactional Matters
We have considerable experience handling tax and transactional matters in the cryptocurrency and other digital asset space, including tax planning, tax-efficient entity structuring, tax treatment of crypto-based strategic and financing transactions, review of private placement memoranda, and other matters. We regularly advise cryptocurrency investors, bitcoin miners and various companies providing products or services involving blockchain technology, digital currency and non-fungible tokens (NFTs). We also counsel international clients on tax residency rules and treaties, foreign bank account issues and related tax matters.
Government Inquiries and Enforcement
With our deep experience across numerous subject areas, we can guide clients through many types of cryptocurrency-focused government inquiries, enforcement actions and litigation. We represent clients in proceedings brought by federal and state agencies involving a wide range of allegations, such as failure to report crypto-based transactions to the IRS, violations of SEC and CFTC registration and disclosure requirements, fraud or money laundering, white-collar criminal matters, plus many others.
Our Purpose is You.
Our Blockchain and Digital Assets Practice Group is dedicated to helping clients make effective investments and grow their businesses, maintain regulatory compliance, and minimize disruptions when government intervention is unavoidable. Clients also benefit from the firm’s broad range of capabilities in the areas that typically impact cryptocurrency and blockchain matters and other industries seeking to incorporate and implement digital assets and blockchain technology. You will have full access to our experienced lawyers across several key practice areas, from taxation, transactional and litigation to energy, banking & finance, real estate, and many others.