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Robert A. Schwinger Robert A. Schwinger

 As the popularity of cryptocurrencies continues to mount, hacking and theft directed at individual cryptocurrency accounts and cryptocurrency exchanges has proliferated as well. See, e.g., CipherTrace, Cryptocurrency Anti-Money Laundering Report, 2019-Q2 (July 2019) (estimating approximately $4.26 billion in losses from cryptocurrency thefts, hacking, exit scams and other misappropriations in 2019). Surging cybercriminal activity in the cryptocurrency space has, not surprisingly, spurred a rise in litigation brought by cryptocurrency investors seeking redress for their lost funds and lost cryptocurrency tokens, including through claims that the negligence of others led to their losses.

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