A blockchain lawyer helps clients successfully navigate the ever-evolving regulatory body of law and avoid unnecessary legal risks. Obtaining experienced legal advice allows companies to confidently take advantage of blockchain technology, intellectual property protection, and reduces the likelihood of costly errors in corporate governance.
At Scarinci Hollenbeck, we offer attorneys dedicated to understanding the intersections of technology and the law governing IT. Armed with an understanding of both the technological aspects of blockchain and the complex legal framework that governs its use, we provide strategic counsel across a broad spectrum of matters, including token offerings, blockchain intellectual property development, and cryptocurrency transactions.
Understanding Blockchain Infrastructures
Blockchain is a decentralized software application that tracks data by validating and storing data in blocks that are strung and linked together chronologically in an immutable chain. The data blocks are linked together through the use of a cryptographic “hash” of the previous block, a timestamp, and transaction data.
Blockchain transactions are authorized using a mathematical formula, and each verified computer that is connected to the network receives a copy of the blockchain. The technology-based verification system is revolutionary because it requires no human oversight and no centralized authority, like a bank, to confirm the transactions that occur.
Blockchain is unique in that the data chain is immutable and irreversible due to the hash encryptions. Additionally, all activity on the chain is public across the network and seen by all the nodes. Altering a block of data is virtually impossible because doing so requires cracking the encryptions of all subsequent blocks of data on the chain to get to the block one wants to alter.
While cryptocurrencies like Bitcoin are the most well-known application of blockchain, the technology can underpin virtually any transaction. For instance, blockchain is increasingly used for the following:
Asset management
Banking
Smart contracts
Supply chain management
Real estate transactions
Recordkeeping
Initial coin offerings (ICOs)
Non-fungible tokens (NFTs) and other tokenized assets
Blockchain businesses face the same legal issues every other entity must face, from raising capital to hiring employees to securing their intellectual property. However, businesses in the blockchain industry face the additional challenges of operating in an uncertain and rapidly evolving legal landscape.
To help blockchain businesses overcome these challenges, our blockchain lawyers provide comprehensive counsel on a wide range of legal issues, including:
Business Formation: Compliance starts with the basics. Blockchain attorneys advise businesses regarding their everyday operations, including entity formation, corporate governance, and capital-raising activities.
Securities Transactions: Blockchain lawyers advise businesses related to fund formation, initial coin offerings (ICOs), tokenization projects, and M&A transactions. Among other issues, they assist with the legal structuring, documentation, and compliance to ensure successful and legally sound offerings.
Cybersecurity and Data Privacy: While blockchain technology offers enhanced security and privacy features, it also comes with unique risks. Blockchain and crypto attorneys address issues related to data protection, privacy laws, and cybersecurity, ensuring that clients’ blockchain implementations comply with applicable regulations.
Regulatory Compliance: The compliance obligations of businesses using blockchain can vary significantly based on several factors, such as how they are using the technology and the jurisdictions in which they operate. A blockchain attorney helps businesses comply with state-level licensing requirements, federal securities regulations,anti-money laundering laws, and tax regulations. Blockchain attorneys also advise clients on the legislative developments related to blockchain worldwide.
Intellectual Property: Blockchain businesses must safeguard their intellectual property (IP). A blockchain attorney helps clients devise a comprehensive IP strategy, including patent applications, trademark registration, and protection of proprietary technology.
Litigation: Litigation involving blockchain technology has skyrocketed in recent years. Businesses facing investor lawsuits, government enforcement actions and investigations, and business litigation require robust representation.
Partner with a Cutting-Edge Blockchain Lawyer
Scarinci Hollenbeck has an entire practice area dedicated to the complex legal issues impacting entities operating in the blockchain and cryptocurrency industries. The attorneys of our Blockchain Offerings, Cryptocurrency Defense & Investigations practice understand the challenges that come along with cutting-edge technology and are dedicated to helping our clients achieve their goals and safeguard their interests in the rapidly blockchain space.
Whether you are launching a new blockchain project, conducting a token offering, or seeking regulatory compliance, our team of blockchain attorneys and cryptocurrency lawyers is here to provide the legal advice you need to be successful.
Special purpose acquisition companies (better known as SPACs) appear to be making a comeback. SPAC offerings for 2025 have already nearly surpassed last year’s totals, with additional transactions in the pipeline. SPACs last experienced a boom between 2020–2021, with approximately 600 U.S. companies raising a record $163 billion in 2021. Notable companies that went public […]
Short Form Merger: Streamlining the Process for Businesses
Merging two companies is a complex legal and business transaction. A short form merger, in which an acquiring company merges with a subsidiary corporation, offers a more streamlined process that involves important corporate governance considerations. A short form merger, in which an acquiring company merges with a subsidiary corporation, offers a more streamlined process. However, […]
Tariff Response Options for Small Businesses Facing Financial Distress
The Trump Administration’s new tariffs are having an oversized impact on small businesses, which already tend to operate on razor thin margins. Many businesses have been forced to raise prices, find new suppliers, lay off staff, and delay growth plans. For businesses facing even more dire financial circumstances, there are additional tariff response options, including […]
Common Causes of Partnership Disputes and How to Resolve Them
Business partnerships, much like marriages, function exceptionally well when partners are aligned but can become challenging when disagreements arise. Partnership disputes often stem from conflicts over business strategy, financial management, and unclear role definitions among partners. Understanding Business Partnership Conflicts Partnership conflicts place significant stress on businesses, making proactive measures essential. Partnerships should establish detailed […]
Businesses Are Facing Financial Headwinds—A Practical Guide
*** The original article was featured on Bloomberg Tax, April 28, 2025 — As a tax attorney who spends much of my time helping people and companies who have large, unresolved issues with the IRS or one or more state tax departments, it often occurs to me that the best service that I can provide […]
President Trump's Termination of Member Gwynne Wilcox
On January 28, 2025, the Trump Administration terminated Gwynne Wilcox from her position as a Member of the National Labor Relations Board (NLRB or the Board). Gwynne Wilcox, a union side lawyer for Levy Ratner, was confirmed to the Board for an original term in 2021 and confirmed again for a successive five-year term expiring […]
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Sign up to get the latest from our attorneys!
Explore What Matters Most to You.
Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.
Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.
Let`s get in touch!
Sign up to get the latest from the Scarinci Hollenbeck, LLC attorneys!
