Blockchain-based assets such as cryptocurrencies and non-fungible tokens (NFTs) are cropping up with broad usage among individuals and organizations. But when those digital assets finally land in a courtroom, they could bring a host of difficulties to e-discovery practitioners. 

E-discovery software, for instance, can’t easily render blockchain transactions, said Patrick Burke, former New York State Department of Financial Services deputy superintendent and current partner and chair of Phillips Nizer’s data technology and cybersecurity group. “The challenge of doing e-discovery on blockchain transactions is that, while there are tools to track cryptocurrency and other blockchain activities, they often don’t translate well to evidence you can view on an e-discovery platform,” he noted.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]