Crypto Defense Lawyer Miami, FL

Florida Bitcoin Fraud Lawyers Proudly Defending Your Rights

Cryptocurrency, including Bitcoin and meme-coin currencies, have grown in everyday use, and in reaction, many governments are increasingly concerned about this alternative digital currency, suspecting that cryptocurrency could be easily used to fund illegal activities. With Bitcoin being an accepted payment method at Microsoft and other multinational corporations, and even as a form of payment for real estate in Florida, sorting the legitimate transactions from those that touch on illegal activities can become snarled. The laws are changing quickly to address this, which means that innocent people like you may be caught up in police investigations. If this happens to you, our Miami, FL crypto defense lawyer can help protect your rights and money.

Virtual currency is attractive to people who engage in crimes that involve the exchange of money, as it’s harder to trace, and can be nearly invisible to uninvolved parties (like the police). It’s also attractive to people who simply like their privacy and have no criminal involvement. The attorneys at Stechschulte Nell help protect your crypto investments, your rights, and your freedom. Contact us today if you are facing cryptocurrency-related charges.

Crypto And Florida Law

Florida’s 2017 Money Laundering Act addressed the potential of cryptocurrency to be used for crimes, at the state, federal, and international levels. The Money Laundering Act prohibits using virtual currency to launder the proceeds of criminal activity. It also specifically addresses the nature of Bitcoin and other cryptocurrencies as a legitimate currency, closing a potential loophole in laws regarding currency.

Cryptocurrency may also be used for tax evasion or other finance-related criminal activities. You may have been completing a private transaction, of a completely non-criminal nature, only to face charges under the Bank Secrecy Act, Florida’s Money Laundering Act, or other federal or state laws.

However, many people who enjoy the universal and private nature of crypto as a means of transaction may be vulnerable to investigation into their transactions. Our Miami crypto defense lawyer can help protect your privacy and your rights if you are under investigation by state or federal authorities.

Bitcoin, Tax Evasion, And Our Defense Strategies

If you use Bitcoin or other types of crypto, you may also face heightened scrutiny by the IRS. The Internal Revenue Service views cryptocurrency as a “super tax haven” or as a tempting method of avoiding taxes. With the volatile rise and fall of cryptos’ value, it may be difficult to determine which individuals have unreported income. Thousands of people who have used popular networks like Coinbase may face tax evasion charges for failing to report crypto-related income. If you’re accused of tax evasion or non-reporting of income, we can advise you on the criminal implications.

Contact Our Miami Crypto Defense Lawyer

Virtual currency is growing in popularity and becoming increasingly mainstream. As its use increases in Florida, more people may face false charges or be victims of government overreach. Our legal team is here to protect you and defend your rights. We monitor changes in state and federal laws closely to develop the right legal strategy for your case. Our proven track record as skilled Florida defense attorneys and our tech-savvy make us uniquely qualified to protect you. Contact Stechschulte Nell today for a free consultation.