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Bitcoin Lawyer Florida

Bitcoin Attorney | Tax And Aml Compliance | Cryptocurrency Lawyer

Bitcoin Attorney | Tax And Aml Compliance | Cryptocurrency Lawyer

We offer straightforward, down-to-earth, no-nonsense advice. We know that trying to comply with the law when it comes to bitcoin and other virtual currenciescan be confusing, stressful, and sometimes impossible. We pride ourselves on our practical, client-centered approach to help you find a solution to your complianceproblems. Were here to help, regardless of where you live. We are happy to provide you with a low-cost, no-obligation consultation, during which we will explain the lawas it applies to your situation and help you understand what needs to be done to make sure you are in full compliance. If you would like to speak to our bitcoin attorney, please call us at (775) 376-7306. Our Bitcoin lawyer has extensive experience in all areas of taxation and regulation of virtual currency, including: Calculating capital gains on virtual currency investments Draftingand implementing anti-money launderingpolicies Drafting tax opinion letters on the like-kind exchange of virtual currencies Sound legal adviceis the only way to achieve successful results when dealing with the taxation and regulation of virtual currencies. Cross Lawoffers one of the most experienced bitcoin attorneys toprovide you with expert advice and counsel. Learn more about us and our services. To get help with bitcoin taxes and related issues, contact us today. Our Bitcoin Attorney Has Been Featured In Continue reading >>

Criminals Who Use Bitcoin Targeted Under Proposed Florida Law | Miami Herald

Criminals Who Use Bitcoin Targeted Under Proposed Florida Law | Miami Herald

Criminals who use Bitcoin targeted under proposed Florida law | Miami Herald This is a Oct. 16, 2015, file photo of a Bitcoin ATM. An Australian man long thought to be associated with the digital currency Bitcoin has publicly identified himself as its creator. BBC News said Monday, May 2, 2016, that Craig Wright told the media outlet he is the man previously known by the pseudonym Satoshi Nakamoto. The computer scientist, inventor and academic says he launched the currency in 2009 with the help of others. Dominic Lipinski AP File Photo This is a Oct. 16, 2015, file photo of a Bitcoin ATM. An Australian man long thought to be associated with the digital currency Bitcoin has publicly identified himself as its creator. BBC News said Monday, May 2, 2016, that Craig Wright told the media outlet he is the man previously known by the pseudonym Satoshi Nakamoto. The computer scientist, inventor and academic says he launched the currency in 2009 with the help of others. Dominic Lipinski AP File Photo Criminals who use Bitcoin targeted under proposed Florida law Criminals who deal in bitcoins in Florida could soon be busted for money laundering. Florida lawmakers are poised to pass a bill that will add virtual currency to the states money-laundering statute, a change hailed by law enforcement although frowned upon by some enthusiasts of bitcoins. The proposed law was crafted after a Miami judge tossed a criminal case against a Miami Beach man accused of selling $1,500 worth of bitcoins he believed was to be used to buy stolen credit-card numbers online. The bill, which is being considered during the ongoing annual legislative session in Tallahassee, was crafted with help from Miami-Dade cyber-crimes prosecutors. Sign up today for a free 30 day free trial of unlimited digital acc Continue reading >>

Florida Passes Law Making Crimes With Bitcoin Money Laundering

Florida Passes Law Making Crimes With Bitcoin Money Laundering

Florida passes law making crimes with bitcoin money laundering Luke Parker , 09 May 2017 - Bitcoin , Law , Usa House Bill 1379 recently passed in Florida, which defines virtual currency and prohibits its use in laundering criminal proceeds. The bill adds the term virtual currency to the definition of monetary instruments under Floridas Money Laundering Act. The legislation is currently in the hands of the States Governor and is expected to be signed soon. The Act defines digital currency as a medium of exchange in electronic or digital format that is not a coin or currency of the United States or any other country. Previously, the Act only applied money laundering to legacy financial transactions of various types, including bank deposits, investments, and wire transfers. The resulting outcome is that criminals using cryptocurrencies will be charged with money laundering as well as the underlying crimimal activity. Cyber criminals have taken advantage of our antiquated laws for too long, claimed Democratic House Representative Jose Felix Diaz, a sponsor of the bill. Bitcoin bypasses the traditional banking system, and our states laws simply had not caught up to the upsurge in criminality in the world of cybercurrency. Passing this legislation brings to rest a multi-year-long series of court proceedings and uncertainty centered around the arrest of a seller of bitcoins. The bill is a direct response to the failure of Miami-Dade police to be able to prosecute Michell Espinoza, a Miami-based website designer and LocalBitcoins seller who was charged with illegally transmitting and laundering $31,000 worth of bitcoins near the end of 2013. At the time, undercover detectives in the Miami PD worked with the Secret Service to set up a sting operation on sellers at the popular, Continue reading >>

Banking On Bitcoin: An Attorney's Big Stake In Cryptocurrency Litigation

Banking On Bitcoin: An Attorney's Big Stake In Cryptocurrency Litigation

Banking on Bitcoin: An Attorney's Big Stake in Cryptocurrency Litigation A South Florida firm is entering into largely uncharted territory, building a litigation practice around crypto-currencies such as bitcoin. By Samantha Joseph|July 05, 2017 at 11:00 PM Your article was successfully shared with the contacts you provided. David C. Silver of Silver Law Group, Coral Springs. (J. Albert Diaz) Coral Springs attorney David Silver is in uncharted territory. This content has been archived. It is available exclusively through our partner LexisNexis. To view this content, please continue to Lexis Advance. LexisNexis is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis customers will be able to access and use ALM's content by subscribing to the LexisNexis services via Lexis Advance. This includes content from the National Law Journal, The American Lawyer, Law Technology News, The New York Law Journal and Corporate Counsel, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information. ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis will bring you access to an even more comprehensive collection of legal content. For questions call 1-877-256-2472 or contact us at [email protected] Continue reading >>

Tax Attorney Cpa Charles Zimmerer Former Prosecutor

Tax Attorney Cpa Charles Zimmerer Former Prosecutor

Consider a transaction where you distribute your appreciated employer stock from your 401(k) or LESOP and cut your taxes in half, from high ordinary income tax rates (39.6% +), to low capital gains rates (0%, 15%, 20%), and avoid the Net Investment Income Tax Rate (3.8%) using a little known tax strategy involving Net Unrealized Appreciation (NUA).NUA is not widely known or understood because the IRS has published very little about it outside of its Treasury Regulations. You will need the opinion of a Tax Attorney. Learn More. As a Tax Attorney, we offer unique insight and experience in the IRS Offer in Compromise process, whether an OIC Doubt as to Collectability, OIC Doubt as to Liability, or an OIC Effective Tax Administration. We have used Offers in Compromise to amend tax returns after the close of the statute of limitations, to remove Trust Fund Recovery Penalties after appeals deadlines have passed, and to negotiate and reduce IRS debts, tax debts, and penalties using OIC doubt as to collectability. Learn More. There are occasions when clients need an additional layer of expertise in the preparation of his or her tax return. There are many reasons, such as the return is too complex for a preparer or CPA; the client has questions that have gone unanswered; the existing preparer needs the technical expertise that a lawyer provides; the client has never had a preparer and has significant issues in the current year; or the client is significantly out of compliance and has not filed for many years. Learn More. I have represented clients in IRS and Florida audits, defending them with superb credentials: Attorney, CPA, & Former Prosecutoronly a handful have such credentials in the country. The IRS can be bureaucratic in its decision-making. Accordingly, and unlike othe Continue reading >>

Florida Lawmakers Want Bitcoin Covered Under Money Laundering Law

Florida Lawmakers Want Bitcoin Covered Under Money Laundering Law

Florida Lawmakers Want Bitcoin Covered Under Money Laundering Law Join our community of 10 000 traders on Hacked.com for just $39 per month. Florida lawmakers want virtual currencies like bitcoin covered under the states money-laundering statute, a change that supporters claim would ensure criminals cannot use Internet-based currencies to conceal financial activities, according to The Miami Herald . Law enforcement officials support the measure but some bitcoin enthusiasts say it will undermine bitcoin. The proposed law was crafted by Miami-Dade cybercrime prosecutors after a judge threw out charges against a man accused of selling $1,500 in bitcoins to buy stolen credit card numbers on the Internet. Miami-Dade State Attorney Katherine Fernandez Rundle said high-tech criminals use virtual currencies to hide their illegal activities. The proposed law ensures fraudsters and traffickers cannot use Internet-based currencies to conceal and transfer illegal profits. Some bitcoin supporters claim the law can undermine the cryptocurrency that could be helpful in promoting trade between Florida and nations like Venezuela that rely more on bitcoin since their own banking systems have crumbled. Charles Evans , an economist at Barry University specializing in bitcoin, said the law sends the message that financial innovation is unwelcome in Florida. Governments in other countries and states that welcome bitcoin will be pleased with Floridas law from a competitive standpoint. A state house committee passed the bill, sponsored by Miami Rep. Jose Felix Diaz, unanimously last week. Two state senate subcommittees have also passed the bill, and a state senate appropriations committee will soon vote on it. Money laundering applies to transactions that conceal funds earned from criminal ac Continue reading >>

Florida May Pass Bill To Introduce More Bitcoin Regulation Under Aml Laws

Florida May Pass Bill To Introduce More Bitcoin Regulation Under Aml Laws

Florida May Pass Bill To Introduce More Bitcoin Regulation Under AML Laws Bitcoin users often get scrutinized by government officials for no apparent reason. In the State of Florida, anyone using bitcoin may soon find themselves as a person of interest in a money laundering investigation. Lawmakers aim to pass a bill that adds virtual currencies to Floridas money-laundering statute. This is not good news for bitcoin users by any means, that much is certain. It is rather strange to learn about this new proposal by Florida policymakers. It is evident regulators want to nip bitcoin use in the bud, especially in the United States. Any currency not controlled or issued by the Federal Reserve poses a threat to the national economy. Then again, bitcoins cant be confiscated, thus regulators have to take a very different route. Ever since a Miami judge rejected a criminal case involving bitcoin, policymakers have been chomping at the bit to curb cryptocurrency use. This new bill is to be considered during the legislative session in Tallahassee. So far, no one knows for sure it will receive any substantial backing, though. While it is true criminal use should never be allowed, this new bill is taking things to the extreme.So far, there is still very little proof of criminals using bitcoin other than demanding it as a payment method for ransomware attacks. Florida Doesnt Like Bitcoin All That Much It is not surprising this bill has been greeted with a lot of criticism. Legislators make it a habit of drafting bills that will eventually force consumers not to use bitcoin at all. Moreover, this bill can make it extremely difficult for any cryptocurrency-oriented service provider in Florida. Plus, this bill clearly states how financial innovation is not welcome in Florida by any mean Continue reading >>

Bitcoin Attorney, Law Firm Specialized In Bitcoin Law

Bitcoin Attorney, Law Firm Specialized In Bitcoin Law

Virtual Currency Takes Online Gaming by Storm By: Lawrence G. Walters www.GameAttorneys.com The virtual currency Bitcoin has been making headlines since its inception in 2009. Billed as a secure, non-regulated, decentralized currency[1] with the added benefit of user anonymity[2], Bitcoin has grown dramatically in the past several years, with more businesses accepting the form of payment (and more of the populace aware of its existence) every day. How will the online gaming industry be affected by the proliferation of Bitcoin? As yet, its future is uncertain, but the impact of this virtual currency is being felt throughout the world. Bitcoins have been around since January 2009, when the first Bitcoin block, known as the Genesis Block was mined. Even before that, however, in November of 2008, a design paper was published online entitled Bitcoin: A Peer-To-Peer Electronic Cash System, under the pseudonym Satoshi Nakamoto. To date, no one is certain of Nakamotos identity[3], but theories abound, from Nakamoto being an individual cryptographer or game developer to the possibility of Nakamoto as a computer collective. Bitcoin is meant to be an anonymous, peer-to-peer currency that is self-regulated by the community at large. Bitcoins cannot be created or destroyed: there is a finite number that can ever exist. More Bitcoins are brought into circulation through mining. Bitcoin miners assist in the processing of transactions (known as blocks) on the public ledger and are rewarded with a certain number of the newly issued (or mined) Bitcoins. Users can keep track of all the Bitcoins currently in circulation on the public ledger, known as the block chain. Bitcoin transactions take place on virtual markets known as exchanges and are stored by users in unique wallets, which cont Continue reading >>

Florida's Money Laundering Statute Won't Affect Most Bitcoin Users

Florida's Money Laundering Statute Won't Affect Most Bitcoin Users

Florida's Money Laundering Statute Won't Affect Most Bitcoin Users Apr 28, 2017 at 12:30 UTC|UpdatedApr 28, 2017 at 15:00 UTC Andrew 'Drew' Hinkes is counsel at Berger Singerman LLP, a business law firm in Florida. Hinkes represents companies and entrepreneurs in state and federal commercial litigation matters, representation of court-appointed fiduciaries and electronic discovery issues. In this opinion piece, Hinkes looks at the potential impact of the recent court decision in Florida that centered in part on the definitions of both bitcoin and money transmission. Florida's legislature is considering a bill that would add "virtual currency" to the definition of "monetary instruments" covered within its anti-money laundering (AML) statute. This proposed revision seems to be a direct reaction to the dismissal order in State vs Espinoza (which remains on appeal), and that would close a loophole in Florida's money transfer statute. But, however ominous it may sound, this change would only impact a fraction of virtual currency activities, so the new definition is likely to have a minor impact on its use in Florida. One of the key innovations of bitcoin and other virtual currencies is the ability to transact pseudonymously. Most virtual currency transactions do not require the transacting parties to know each other, meet face-to-face or directly interact to exchange value. Most often, virtual currency users transact across the internet, through QR codes, trade on exchanges or buy and sell their bitcoins via bitcoin ATMs. For the purposes of this law, the lack of direct communication between parties is critical, and demonstrates the narrow impact of the proposed legislation. Florida's Money Laundering Statute, based upon a similar federal statute (18 U.S.C. 1956 1998) cover Continue reading >>

Banking On Bitcoin: An Attorney's Big Stake In Cryptocurrency Litigation

Banking On Bitcoin: An Attorney's Big Stake In Cryptocurrency Litigation

Banking on Bitcoin: An Attorney's Big Stake in Cryptocurrency Litigation A South Florida firm is entering into largely uncharted territory, building a litigation practice around crypto-currencies such as bitcoin. By Samantha Joseph |UPDATEDOct 13, 2017 at 06:52 PM Your article was successfully shared with the contacts you provided. David C. Silver of Silver Law Group, Coral Springs. J. Albert Diaz Coral Springs attorney David Silver is in uncharted territory. Samantha Joseph is an award-winning journalist with Daily Business Review, Law.com +more. Grad School: Newhouse Syracuse. Contact: [email protected] On Twitter: @SjosephWriter Gov. Rick Scott signed legislation requiring backup power sources in Florida nursing homes and assisted living facilities, months after the deaths of several residents from a sweltering nursing home that lost power in a hurricane. Address:723-731 NW Sixth Ave. in Fort LauderdaleProperty type: This is a13,938-square-foot warehouse.Price:$1,160,000Seller:Luma Gov. Rick Scott signed eight bills last week that will lead to paying millions of dollars to resolve cases in which state or local government agencies played a role in people dying or getting injured. Gary Martin Hays & Associates P.C. With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas. Our Team Account subscription service are for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal i Continue reading >>

Cryptocurrency Enforcement News

Cryptocurrency Enforcement News

March 1, 2018 - Israel to tax Bitcoin as an Asset, not a Currency a person who holds a digital currency in order to create a capital gain (and does not engage in it as a business) will be exempt from paying VAT, but will be liable for capital gains tax, which in Israel today is at 25% for most taxpayers. However businesses (or individuals) which engage in Bitcoin for business purposes will have more complicated treatment, and will have to pay a value added tax (VAT) of 17%, on top of the capital gains tax. March 1, 2018 - Coinbase Sends IRS Summons Notification To 13,000 Customers On February 23, 2018, cryptocurrency exchange Coinbase notified approximately 13,000 of its customers who are subject to the Internal Revenue Service Summons that the company must hand over information specific to their accounts. Coinbase expects to deliver the required documentation within the next three weeks. March 1, 2018 - Coinbase Compelled by IRS to Provide 13,000 Customers Information Received notice from Coinbase today, Tweeted Andreas Antonopoulos, that my account is one of the 13,000 that they will have to turn over to the IRS under the court order. Not surprised, I knew I would be in that group. In case you were wondering, Ive filed & paid taxes for my bitcoin income, gains/losses. March 1, 2018 - The Supreme Court: Digital Currency Companies Can Continue Operating Through Bank Accounts the Supreme Court did not deliberate the material question, which is is a bank allowed to deny banking services to cryptocurrency traders, the court ruled in favor of Bits of Golds motion and issued a preliminary injunction that prohibits the bank from restricting activities relating to bitcoin trading in the companys account, and this, without prejudicing the banks right to individually examine an Continue reading >>

Lawmakers Poised To Add Bitcoin To Floridas Aml Law

Lawmakers Poised To Add Bitcoin To Floridas Aml Law

Lawmakers poised to add bitcoin to Floridas AML law In response to last years dismissal of money laundering charges involving bitcoins, legislators in Florida are now considering a bill that would add digital currencies to the states anti-money laundering law . The proposed law was crafted by Miami-Dade cybercrime prosecutors after a judge threw out the money laundering charges against Michell Espinoza, a Miami Beach man who was accused of selling $1,500 worth of bitcoins via bitcoin exchange site LocalBitcoins.com to undercover detectives who told him they wanted to use the digital currency to buy stolen credit card numbers. Miami-Dade Circuit Judge Teresa Mary Pooler dismissed the charges against Espinoza on grounds that bitcoin could not be considered money as defined in state law. Now, state prosecutors and lawmakers want to add teeth to the states current Money Laundering Act by adding the words virtual currency to the language used to define monetary instruments. In the proposal, virtual currency is defined as any medium of exchange in electronic or digital format that is not a coin or currency of the United States or any other country. The bill is currency being considered at the ongoing annual legislative session, according to Miami-Dade State Attorney Katherine Fernandez Rundle. This legislation makes sure that traffickers and fraudsters can no longer try to use internet-based currencies to hide and move their ill-gotten gains, Rundle said in a statement, according to the Miami Herald. Bitcoin enthusiasts, however, fear that the lawonce passedwill undermine digital currency. Barry University economics professor Charles Evans, who, incidentally, told the court that bitcoin isnt real money during Espinozas trial, said the draft law sends a message that financial Continue reading >>

Bitcoin Attorney .info - Find A Bitcoin Lawyer & Lawyers Who Accept Bitcoin

Bitcoin Attorney .info - Find A Bitcoin Lawyer & Lawyers Who Accept Bitcoin

Bitcoin Attorney .info - Find A Bitcoin Lawyer & Lawyers Who Accept Bitcoin Bitcoin Attorney will help put you in touch with a local Bitcoin attorney in your area. Attorneys listed on our site are familiar with Bitcoin and may also accept Bitcoin in exchange for their legal services. Look below for lawyers that accept bitcoin "I help innovators navigate financial regulations. Sometimes, we rewrite those regulations together and make them better." Marco Santori leads Cooleys fintech practice, and is an authority in the law of blockchain technology. He is the Legal Ambassador for the Delaware Blockchain Initiative, the drafter of the New Jersey Digital Currency Jobs Creation Act and was called The Dean of Digital Currency Lawyers by an American Banker journalist. Marco focuses his practice on structuring innovative products into existing regulations, as well as crafting new regulations where required. He counsels on compliance with and disputes over money services, securities and derivatives laws, with both high-growth fintech companies and international financial institutions. At the Bleeding Edge of Virtual Currency. Virtual currency has left lawmakers, regulators, and the courts flatfooted. While they are scrambling to keep up, the Bitcoin team at MushkinLaw.com is at virtual currencys leading edge. We are a corporate finance and business litigation law firm that advises and provides services in the Bitcoin sphere. When it comes to laws and regulations, our Bitcoin law team has an extensive depth and breadth of knowledge. And we have our fingers on the pulse of pending legislation and regulations, and precedent-setting case law. The virtual currency Bitcoin has been making headlines since its inception in 2009. Billed as a secure, non-regulated, decentralized currency Continue reading >>

Is Bitcoin Virtual Currency Included In Florida Money Laundering Laws?

Is Bitcoin Virtual Currency Included In Florida Money Laundering Laws?

"The significant problems that we face cannot be solved at the same level of thinking we were at when we created them." "Character cannot be developed in ease and quiet. Only through the experience of trial and suffering can the soul be strengthened, vision cleared, ambition inspired and success achieved." The best index to a persons character is how he treats people who cant do him any good; and how he treats people who cant fight back. Is Bitcoin Virtual Currency Included in Florida Money Laundering Laws? By Russell Spatz of Spatz Law Firm, PL posted in White Collar Crime Attorney on Wednesday, April 26, 2017. Money laundering has a long history as being a white-collar crime connected to various types of illegal activities such as the drug or sex trade, and any activities involving cross-border smuggling. In South Florida, we have heard many stories throughout our history of illegal drug money being laundered through legitimate businesses in the area. But what exactly does it mean to launder money? And what are the implications of a crime like money laundering? As technology changes, crimes also change. Money laundering is not immune to the changing face of how we do business with regards to the creation of alternative currencies that can be processed without going through historically recognized financial institutions such as banks and credit card companies. As virtual currencies such as Bitcoin change the way that cross-border business is processed, they may also change the way that money laundering is viewed in the eyes of the law. Money laundering involves the intricate concealment of illegally obtained funds. Usually those who are laundering money spend a lot of energy disguising the origins of the money, and work hard at making subsequent financial transactions Continue reading >>

Florida Passes Bill That Jails People For Using Bitcoin

Florida Passes Bill That Jails People For Using Bitcoin

Florida Passes Bill That Jails People for Using Bitcoin Also read: Whats Behind Ripples Extraordinary 20x Growth? Florida Brings Bitcoin Under Existing Money Laundering Laws Florida lawmakers finally passed an April 2017 bill adding the term virtual currency to the states money-laundering statute, reported the Miami Herald . While small, the addition will allow the state to jail criminals using the digital currency to launder money. This bill came in response to a 2016 money laundering case involving bitcoin, where the judge dismissed the charges against Michel Espinoza on the basis of uncertainty regarding how existing laws applied to the new currency. The court is unwilling to punish a man for selling his property to another, judge Teresa Mary Pooler wrote in her official statement. His actions fall under a statute that is so vaguely written that even legal professionals have difficulty finding a singular meaning. According to the Herald, prosecutors are appealing the ruling. Now, with the state one step closer to changing its money laundering statute, they may have more luck putting Espinoza and others like him behind bars. Bringing Money Laundering into the 21st Century And that seems to be the motivation behind passing this new bill: updating current legislation for the modern day economy. House representative Jose Felix Diaz, R-Miami, told the Herald: Cyber criminals have taken advantage of our antiquated laws for too long. Bitcoin bypasses the traditional banking system, and our states laws simply had not caught up to the upsurge in criminality in the world of cybercurrency. Not everyone agrees with this reasoning, however. Economist Charles Evans who testified in the Espinoza case argues that bitcoin is not actually money, making money laundering laws inapplica Continue reading >>

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