Crypto Asset Recovery & Litigation Support

Legal services supporting digital asset tracing, recovery litigation, and expert testimony in cryptocurrency disputes and bankruptcy proceedings. While not traditional blockchain forensics investigation services, McDermott provides litigation support and legal coordination for crypto asset recovery matters, leveraging the firm's unparalleled experience in crypto bankruptcy and litigation.

Crypto Bankruptcy Asset Recovery

McDermott has led more cutting-edge crypto bankruptcy representations than any other law firm, providing sophisticated legal services for digital asset recovery in insolvency proceedings.

Digital Asset Recovery Litigation:

• Post-confirmation litigation trust counsel pursuing crypto and fiat asset recovery
• Customer asset recovery in crypto bankruptcy proceedings
• Stablecoin reserve asset tracing and claims
• Staked crypto asset recovery litigation
• Exchange-traded digital asset claims

Crypto Bankruptcy Litigation:

• Chapter 11 adversary proceedings for digital assets
• Preference actions involving crypto transfers
• Fraudulent transfer litigation for token transactions
• Customer asset classification disputes
• Crypto custody and control litigation

Notable Representations:

• Prime Trust: First chapter 11 for state-chartered crypto trust company ($3.8B+ in custodied assets)
• Post-confirmation litigation trust counsel for multi-billion dollar digital asset recovery

Crypto Litigation Support

Ranked Band 1 in Crypto-Asset Disputes by Chambers USA, McDermott provides comprehensive litigation support for complex digital asset disputes.

Crypto-Asset Disputes:

• Exchange dispute litigation and asset tracing
• Token fraud claims and recovery actions
• Smart contract dispute resolution
• DeFi protocol litigation support
• NFT ownership conflict litigation

Expert Testimony & Legal Analysis:

• Expert legal opinions on crypto asset classification
• Testimony on blockchain technology and custody mechanisms
• Legal analysis of smart contract execution and failures
• Cryptographic security and protocol analysis for litigation

Investigation Coordination:

• Coordination with blockchain forensics firms (Chainalysis, Elliptic, CipherTrace)
• Forensic evidence review and legal strategy
• Evidence packages for law enforcement cooperation
• Subpoena strategy for centralized exchange records
• On-chain evidence interpretation for litigation

Legislative Drafting & Policy Work

Crypto Bankruptcy Law Development:

• Engaged by Wyoming Select Committee to draft first-of-its-kind crypto bankruptcy legislation
• Customer asset protection frameworks for digital assets
• Stablecoin reserve protections in bankruptcy
• Staked crypto and exchange-traded asset legal treatment

Client testimonials highlight the team's "hyper aggressive strategy" that resolved a complex crypto litigation case entirely in three months, demonstrating tactical excellence in digital asset disputes.

Why Choose McDermott

Led by Partner Joseph B. Evans (crypto lawyer since 2013, recognized as a "trailblazer" by The American Lawyer), the team combines deep technical understanding of blockchain protocols with unmatched litigation experience in crypto bankruptcy and asset recovery. This is legal service coordination and litigation support that works in partnership with specialized blockchain forensics firms to provide comprehensive asset recovery solutions.

Distinction from Traditional Blockchain Forensics: McDermott coordinates with specialized blockchain forensics firms and provides the legal framework for asset recovery litigation, expert testimony, and enforcement actions rather than direct blockchain investigation services.