An Experienced Attorney Defending Clients Against Federal Cybercrime Allegations
Since the U.S. government and companies throughout the country have been the target of cybercrimes in recent years, the U.S. Department of Justice and the Federal Bureau of Investigation are paying closer attention to these types of criminal offenses than ever before. Cybercrimes are punishable by significantly harsh federal penalties, such as a lengthy federal prison sentence and fines worth millions of dollars.
If you are facing federal prosecution or are under federal investigation for cybercrimes in Texas, you can find the help you need at Peter Barrett: Dallas Criminal Defense Attorney. With more than 25 years of experience helping thousands of clients, our attorney has a thorough understanding of the federal criminal justice system and will work tirelessly to protect your rights and freedom.
Cryptocurrency And Cyber Crimes
From bitcoin (BTC) and litecoin (LTC) to ethereum (ETH) and ripple (XRP), cryptocurrency and the blockchain technology were created in 2009 as the first ever decentralized virtual money, allowing individuals to transfer funds without going through a bank or third-party service to eliminate a main authority and reduce transaction fees. Additionally, cryptocurrency users like those who have bitcoin can remain anonymous, and no one can see their digital wallet.
While digital currencies have established a whole new way to engage in e-commerce, they are also used to make illegal purchases and sales and to commit other forms of cybercrimes. Since cryptocurrency involves internet transactions, nearly all crypto-related cybercrimes are prosecuted by federal law.
The following are the most common types of crypto-related cybercrimes our firm handles:
- Cryptocurrency theft
- Cryptocurrency fraud
- Bitcoin money laundering
- Hacking cryptocurrency infrastructure
- Using cryptocurrency to commit drug trafficking, child pornography, and other cybercrimes
Federal criminal penalties are substantial. For instance, wire fraud is punishable by imprisonment for up to 20 years and a maximum fine of $250,000. Mail fraud can also result in a maximum federal prison term of 20 years, while grand larceny carries a prison sentence of up to seven and a half years. In addition, federal crimes are associated with mandatory minimum sentences, which means you will be ordered to serve some time behind bars if you are convicted.
The Help You Need Is A Call Or Click Away
Since cryptocurrencies are a relatively new phenomenon, it can be extremely hard for federal authorities to implicate someone beyond a reasonable doubt in a cybercrime. Let attorney Peter Barrett investigate the allegations and charges against you, collect and analyze evidence, negotiate with the prosecution, and help you get the best available result in your case. Call us in Dallas at 214-526-0555 or reach us via email.