Digital Asset Meltdown: Turmoil in the Digital Asset Sector

Credits in

General Icons 1.00 General

Practice Areas:

Taxation

Icon About This Course

Explore the turbulent landscape of the digital asset sector, which has witnessed significant upheaval in recent years. Many investments have faltered, experienced sharp declines in value, or turned out to be fraudulent schemes. In this course, attorneys will gain valuable insights to fortify their practices and support their clients. Strategies for enforcing rights and recovering lost investments for investors and creditors of digital asset companies will be discussed, as well as defense tactics against claw back actions. Attorneys will learn how to maximize tax benefits associated with losses in the digital asset domain.

This program is ideal for attorneys at any level of practice seeking to deepen their understanding of the digital asset sector and its complexities.

Learning Objectives:

  • Identify practical avoidance actions for defense strategies
  • Assess investment losses: Tax loss deductions
  • Evaluate theft and casualty losses: Tax loss deductions
  • Analyze the Impact of Loss Recovery on taxes

About the Presenters

Adrienne Woods, Esq.

Weinberg Zareh Malkin Price LLP, Partner

Practice Area: Bankruptcy / Debtor / Creditor

Ms. Woods graduated from Fordham Law School, where she worked on the Journal of Corporate and Financial Law. After graduation, Ms. Woods clerked for the Honorable Alan L. Gropper (ret.) in the United States Bankruptcy Court for the Southern District of New York.Upon completing her clerkship, Ms. Woods worked in the bankruptcy and restructuring departments at Arent Fox LLP and then for Katten Muchin Rosenman LLP before joining Bloomberg as a Bankruptcy Legal Analyst.After running her own successful legal practice since 2013, in 2023, Ms. Woods joined Weinberg Zareh Malkin Price LLP, where she heads up the firm's bankruptcy practice which represents ...

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Mark DiMichael, Esq.

Citrin Cooperman

Practice Area: Science & Technology (+ 3 other areas)

Mark is the founder and leader of the firm's Digital Assets practice, focusing on addressing the unique needs of Citrin Cooperman clients in the digital asset space. Mark DiMichael is a partner in the Forensic, Litigation, and Valuation Services group as well.Mark's deep understanding of the digital asset industry allows him to assist clients such as mining companies, investors, investment funds, ICO/IEO token issuers, NFT marketplaces/promoters/artists, and financial services companies with a wide range of accounting, tax, and advisory issues.Mark's areas of expertise include divorce litigation, economic damages analysis, fraud investigation, white collar criminal defense, and business appraisals. Mark has ...

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