Crypto Brief

Lowenstein Crypto advises leading digital asset and cryptocurrency projects, exchanges, and trading firms. Our practice covers regulatory advice, transactions and structuring advice, investigations, and adversarial matters including commercial disputes, bankruptcy, and related litigation. As these markets continue their rapid growth and market participants continue to evolve and mature their businesses, we are providing this weekly digest as a resource that highlights and summarizes a selection of key recent legal regulatory developments.

Chinese Tariff Headlines Coincide with Major Crypto Liquidations

On Oct. 10, headlines signaling a potential 100% tariff on Chinese imports effective Nov. 1 preceded a broad sell-off in major digital assets that several market desks described as one of the largest crypto liquidation episodes to date. The announcement, in part, led to approximately $18 billion in liquidations within 24 hours, as prices moved through widely