Known around the world as as “crypto-currency,” Bitcoin officially has a justice group behind it that hopes to turn around the digital currency’s conflicted reputation in the market—and ultimately ward off criminals from making off with digital ransom.
The Blockchain Alliance has been formed to diminish criminal activity on the “blockchain,” and Am Law 100 firm Steptoe & Johnson has been retained to serve as the group’s counsel. The blockchain is a shared public ledger on which the entire Bitcoin network relies.
