Trump Is All in on Crypto. So Are the Scammers

In a change from the approach he took during his first administration, President Donald Trump seems willing to embrace cryptocurrency and its deregulation. In a piece on the topic, Salon quoted Terence M. Grugan, a partner on our Blockchain Technology and Cryptocurrency Team.

“The expected absence of enforcement in the cryptocurrency market does not mean there are no legitimate issuers and products; it means the illegitimate ones may multiply and the maxim ‘buyer beware’ takes on greater importance,” he said. “As with any investment or any product with a fluctuating value, buyers and users should seek as much information as possible about the product before exchanging their own hard currency for crypto.”

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