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Decoding the Crypto Space: Understanding Cryptocurrency in Today’s Criminal Defense Practice

The government’s attempts to regulate cryptocurrencies with existing statutes and traditional law enforcement approaches have resulted in confusing and inconsistent outcomes. Attorneys have faced difficulty in advising clients on how to lawfully use, purchase, and sell cryptocurrencies, particularly in light of the uncertainty concerning how to define and determine which agency has jurisdiction over digital currencies and transactions. What are the trends in prosecution and regulation?