In this article, the authors analyze forfeiture risks associated with accepting cryptoassets and use historical examples to help companies weigh the risks and adopt compliance measures to mitigate the risk of forfeiture. In particular, the authors use the historical example of the Black Market Peso Exchange — a money laundering scheme used by Colombian drug cartels in the 1980s — as an example of the forfeiture risks faced by innocent owners of cryptoassets.
Click here to download this article.
