Fordham University Law School
150 W 62nd St
New York, NY 10023
Citrin Cooperman Partner Mark DiMichael will be presenting "Cryptocurrency Fraud & Forensics" to the New York Chapter of the Association of Certified Fraud Examiners at their March 9 Dinner Meeting.
Cryptocurrency has more recently achieved a level of mainstream appeal as an investment vehicle, regardless of its limited current application in retail transactions. As cryptocurrency usage increases, more fraudsters will use this new asset class as a means of committing fraud. This course will provide an introduction to cryptocurrency, how it works, the current regulatory environment, types of frauds committed using cryptocurrency, US tax rules, and how cryptocurrency can be traced using publicly available Blockchain data. The presentation will also touch briefly on how Blockchain is being used for other business applications besides cryptocurrency such as smart contracts, utility tokens, and other business applications.