BakerHostetler Forms Dedicated Crypto Litigation Team Amid Growing Market Disputes

BakerHostetler, a major US law firm, has established a dedicated team to handle litigation and arbitration involving cryptocurrencies, blockchain technology, and emerging digital markets. The Crypto Asset Disputes team will cover commercial and tort disputes, securities and commodities litigation, regulatory investigations, enforcement actions, asset tracing, bankruptcy disputes, and cross-border proceedings.

The new practice is led by New York partner Joanna F. Wasick, a founding member of BakerHostetler's Web3 and Digital Assets team. The firm has been litigating and arbitrating crypto asset disputes for years across various matters, but this dedicated team provides a formal platform for these capabilities.

Wasick noted that 'crypto disputes are no longer an emerging issue; they are a core business risk for market participants across the digital asset ecosystem.' BakerHostetler's existing Web3 practice already lists litigation, arbitration, and regulatory enforcement among its services, drawing on the firm's wider litigation organization.