News about cryptocurrency investigations in general and about the involvement of NGH Group in those investigations through its use of the world’s leading forensic tool for cryptocurrency and blockchain investigations.
Nick Himonidis joined a panel speaking on cryptocurrency in divorce litigation at the April, 2020 ABA Family Law conference in San Diego. Nick was joined by forensic accountant Mark DiMichael of Citrin Cooperman and attorney Kelly Burris of Cordell & Cordell discussing ‘Cryptocurrency and How to Find it and Track It in Divorce Litigation’. The presentation on Thursday April 30, 2020 at 11:00 a.m. (PST) was webcast live to the entire ABA FLS.
The NGH Group is proud to announce that Nicholas Himonidis is running a course at the Long Island Tax Professionals Symposium 2o19. The course: ‘Bitcoin, Blockchain & Cryptocurrencies: Understanding These Technologies and Their Impact on Financial Investigations and Forensic Accounting’ will provide a basic understanding of how cryptocurrencies and blockchains operate and discuss their impact on financial investigations and forensic accounting; including tips and techniques on identifying their potential use, tracing transactions, and strategies to tie crypto assets and transactions to specific individuals / entities.
As an expert in computer forensics, financial investigation and the highly specialized field of cryptocurrency investigation, I am very proud to have been chosen as an expert speaker at the National Association of Divorce Professionals (NADP) annual conference. I am encouraged to see that an organization such as the NADP recognizes the growing importance of cryptocurrencies and their potential impact in divorce litigation.
As Bitcoin (and others) have increased in value from virtually worthless a decade ago to well over $3.5K(USD) per Bitcoin today, they have also achieved wide spread acceptance as a means of exchange and as investments. Unfortunately, their potential for use as a vehicle to hide assets and make illicit transfers by parties in matrimonial litigation is a growing and very real concern. While Bitcoin and other cryptocurrencies may be ‘psuedo anonymous – there are proven methods to identify their existence and potentially track them. This program, presented jointly with forensic accountant Mark DiMichael of Citrin Cooperman, will provide a basic understanding of how Bitcoin and other cryptocurrencies operate, discuss their potential impact on a matrimonial litigation, and provide strategies to address these risks when conducting financial discovery.
The NADP conference is for ALL professionals that work with their clients going through the complex process of divorce. This conference will educate and enlighten professionals in the legal, financial, mental health and real estate fields about divorce and how they can help their clients have a better experience in the process. For more information on the conference please click here: www.thenadp.com
On Thursday, November 15, 2018 Nick Himonidis will present a program on investigating Bitcoin and Cryptocurrencies to the Society of Professional Investigators in lower Manhattan. For more information about about the event that took place in May, 2019 due to weather postponement, CLICK HERE.
On Saturday November 3, 2018, Nick Himonidis, JD, CFE, CCFS, President of The NGH Group, Inc., along with co-presenter Peter Theobald of TC Forensics, presented a CLE program entitled “Bitcoin, Blockchain & Cryptocurrencies: What attorneys need to know about these revolutionary technologies, and how to uncover their existence and track them in litigation.” The program was part of the St. John’s University School of Law annual “Fall CLE Weekend” which provides two full days of CLE programs for both Seasoned Attorneys and Newly Admitted Attorneys. The Cryptocurrency program included lively discussions and demonstrations of actual Bitcoin transactions being traced on the Blockchain and received excellent reviews. (Nick Himonidis graduated St. John’s University School of Law Magna Cum Laude in 1995).
On Tuesday, March 13 Nicholas Himonidis participated in a ground breaking cryptocurrency CLE program at the Brooklyn Bar Association entitled: “Cryptocurrency, the Law and How to Find it and Track it in a Divorce Litigation,” with forensic accountant Mark DiMichael and attorney James Anthony Wolff. The program, focusing on Bitcoin and other rapidly developing cryptocurrencies, was well attended and received local media attention in the form of a feature article in the Brooklyn Daily Eagle.
In the past few years cryptocurrency and token popularity has grown exponentially. While initially under the control of tech enthusiasts and outlaws, they have quickly become mainstream investments. The complexities and pseudo-anonymity of cryptocurrency makes it a difficult asset to understand and track.
On March 13, 2018, the Brooklyn Bar Association hosted a program entitled “Cryptocurrency, the Law, and How to Find It / Track It in a Divorce Litigation”. Nick Himonidis of The NGH Group was one of the featured speakers, discussing how to investigate bitcoin and other cryptocurrency transactions.
This presentation helped attendees understand cryptocurrencies, its legal implications, and how to address it in divorce litigation context.
