Georgia State Bar Investigates Attorney Accused of $2 Million Bitcoin Fraud
Attorney Diana McDonald told the bar there's no evidence to support a claim by a Hong Kong cryptocurrency trading firm that she had absconded with $2 million from an unconsummated deal.
May 01, 2019 at 02:00 AM
8 minute read
The original version of this story was published on Daily Report
Accused of defrauding an international cryptocurrency trading firm of $2 million, Suwanee lawyer Diana McDonald told the State Bar of Georgia in February that the money remained safe in her firm's trust account “at all times.”
“There is no evidence to support a claim of misuse of funds or misconduct in this case,” McDonald wrote in response to a bar complaint filed against her by Hong Kong cryptocurrency trader GSR Markets Inc.
McDonald was the closing attorney designated by a Florida bitcoin broker for what should have been a $4 million purchase, according to court papers. GSR was the intended buyer.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Trending Stories
- 1The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 2Wine, Dine and Grind (Through the Weekend): Summer Associates Thirst For Experience in 'Real Matters'
- 3The 'Biden Effect' on Senior Attorneys: Should I Stay or Should I Go?
- 4BD Settles Thousands of Bard Hernia Mesh Lawsuits
- 5First Lawsuit Filed Alleging Contraceptive Depo-Provera Caused Brain Tumor
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250