In the past few years, Bitcoin and cryptocurrency popularity has grown exponentially. The semi-anonymous nature of cryptocurrency makes it a useful tool for individuals attempting to hide assets. Unscrupulous persons can purchase cryptocurrency for cash, hold/transfer it without the need for a financial institution, and do it all without a paper trail.
This makes investigating cryptocurrency difficult and poses new, unique challenges to practitioners. Now that cryptocurrency has gained significant mainstream attention, accountants should be aware of the possibility of asset diversion through cryptocurrency—and should take steps to mitigate that risk.
Attendees of this session will learn about cryptocurrency, how it works, and the investigative techniques that can benefit their clients.
Mark DiMichael, a partner in the valuation and forensic services department, specializes in litigation support and valuation services. His expertise includes divorce litigation, economic damages analysis, fraud investigation, cryptocurrency, white-collar criminal defense, and business appraisals. Mark has prepared and rebutted expert reports and has experience working with companies in a wide range of industries. He has also provided expert testimony related to economic damages.
Nick Nimonidis is the founder and CEO of The NGH Group, providing high tech investigations, digital forensics, cryptocurrency and blockchain forensics, e-Discovery, expert witness and other consulting services to attorneys, corporations and private clients. He is a recognized expert and sought after speaker on topics ranging from cryptocurrency and blockchain forensics, digital evidence to legal & ethical Issues in private sector investigations.
Nick is a licensed Attorney, licensed Private Investigator, Certified Fraud Examiner (CFE), Certified Computer Forensic Specialist (CCFS), Certified Cryptocurrency Forensic Investigator (CCFI), and court qualified Expert Witness on the field of digital evidence.