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Cryptocurrency Fraud and Insolvency: Implications for Financial Institutions and In-House Counsel | Mar. 25, 2026

Cryptocurrency Fraud and Insolvency: Implications for Financial Institutions and In-House Counsel | Mar. 25, 2026

Includes a Live Web Event on 03/25/2026 at 3:00 PM (EDT)

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As cryptocurrency continues to intersect with traditional financial institutions, in-house legal teams are increasingly confronted with fraud, insolvency, and regulatory risk involving digital assets. This session will explore recent trends in cryptocurrency fraud and Chapter 11 proceedings, with a focus on the practical implications for banks, financial institutions, and their legal departments. Panelists will discuss risk exposure, regulatory considerations, litigation and recovery issues, and key takeaways for in-house counsel navigating crypto-related matters.

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03/25/2026 at 3:00 PM (EDT)  |  60 minutes
03/25/2026 at 3:00 PM (EDT)  |  60 minutes The join link will be active 5 minutes prior to the start of the program.

Jared M. Tully

Partner

FTB Gibbons

Jared is Section Leader of the Business Litigation Practice Group Central Region and serves as the Team Leader for the firm’s Community Bank and Financial Institutions Team. He has extensive experience helping clients solve complex problems facing their business. Jared concentrates his practice in the areas of commercial litigation and bankruptcy matters. He routinely represents national banks in various types of litigation including consumer and commercial disputes. He also represents businesses navigating complex debt issues in bankruptcy court and blockchain companies responding to token holders. Jared works closely with his clients in order to obtain effective and efficient resolution of litigated matters either through litigation or seizing early resolution possibilities. Jared is a problem solver whose clients look to him to address complex and sensitive matters.

Jared has a wide range of experience representing businesses of all sizes regarding consumer complaints, class actions, commercial disputes, bankruptcy and insolvency issues, smart contracts, and cryptographic wallets, as well as general counseling for business clients. He enjoys working closely with his clients to formulate strategies that allow his clients to efficiently and effectively achieve their goals. He also regularly litigates commercial disputes and works with his clients to assure that the litigation strategy aligns with the client’s business goals.

Jared also regularly represents clients in bankruptcy court. He was part of a team that represented the Official Committee of Unsecured Creditors in the Freedom Industries bankruptcy.

Jared lives in Putnam County, West Virginia with his wife, Jennifer, and his children: Jackson, Caroline, Davis, and Harper.

Learn more about Jared Tully: https://fbtgibbons.com/people/...

John S. Wagster

Partner

FBT Gibbons

John leads the firm’s Technology Industry Team. He focuses on technology-related commercial agreements with a particular interest in blockchain technology, cryptocurrencies and the automotive space. He also has unique experience helping companies forge cross-cultural contractual agreements around the world using industry best practices and western style contracts. An essential element to his approach is to let the business terms, rather than the legal structure of a business opportunity, define the relationship.

John represents scores of clients across the blockchain ecosystem, including issuers of digital tokens through Initial Coin Offerings (ICOs), providers of distributed applications (DAPPs) cryptocurrency hedge funds, exchanges, consultants and marketers. John also represents OEMs and suppliers in the automotive industry as they interact to build best practices and hold each other accountable in the rapidly emerging connected car/autonomous vehicle arena. Finally, John has extensive experience handling complex cyber security incidents and serves as chair of the firm’s China desk.

John has hands on experience with all types of software and technology agreements including: blockchain-based distributed applications, software development, licensing, subscription and reselling agreements; digital tokens and cryptocurrency; outsourcing (onshore and offshore) agreements; hosting agreements; private and public cloud infrastructure and application hosting; service level agreements; maintenance and support agreements; training and installation agreements; software acceptance procedures; commission agreements; data sharing and privacy agreements; IT security policies (BCP and VTA); Value Added Reseller (VAR) Agreements; Original Equipment Manufacturer (OEM) Agreements; and open source software.

John joined the firm after serving seven years as General Counsel and EVP to Freeborders, Inc., a California-based technology services company with offices in North America, Europe and Asia. Freeborders, now Symbio, specializes in custom software development and consulting services. John has also served as a professional staff member of the United States Senate Committee on the Budget and as Staff Director of a Subcommittee of the United States Senate Committee on Governmental Affairs. In these positions he focused on non-Medicare health care funding and led numerous investigations in waste, fraud and abuse in federal programs, including health care reimbursement, the General Services Administration and the Department of Defense.

Learn more about John Wagster: https://fbtgibbons.com/people/...

Rebecca L. Matthews

Partner

FBT Gibbons

Rebecca focuses her practice on all aspects of bankruptcy restructuring and reorganization, which includes the representation of debtors, lenders, creditors, landlords and trustees. She has been involved in litigating a wide array of contested matters and adversary proceedings, including fraudulent transfers, automatic stay relief, cash collateral arrangements, valuation contests, tax claims, termination of exclusivity, lien priority disputes, avoidance actions and objections to plan confirmation. Rebecca has significant experience in a broad range of industries including energy, oil and gas, real estate, banking and financial services, retail and telecom. She has represented clients in cases before both the federal bankruptcy and district courts in complex commercial litigation. In addition to her client work, Rebecca regularly speaks on matters ranging from the unique aspects of litigating in bankruptcy court to legal ethics.

Learn more about Rebecca Matthews: https://fbtgibbons.com/people/...

Jason Wright

Managing Director

Stout

Jason Wright brings nearly 20 years of combined experience in forensic accounting, fraud investigations, and litigation consulting. He has broad experience working on anti-corruption and anti-bribery engagements, including matters involving the Foreign Corrupt Practices Act, complex forensic accounting investigations, and commercial litigation cases involving public and private companies as well as municipalities and government entities in a wide variety of industries. He has significant experience providing a broad range of business and financial advice to trial lawyers, in-house counsel, audit committees, and stakeholders throughout the dispute process and in investigations in both domestic and international contexts. He has also provided testimony in federal and state courts as well as during mediation.

Jason has extensive experience supporting the Fraud Section of the United States Department of Justice (DOJ). In this role, he traces assets through the international financial system to identify illegal proceeds and their subsequent movements for use in money laundering, embezzlement, and bribery schemes. In addition, he evaluates the gains arising from companies’ schemes to offer and pay bribes to foreign officials and also evaluates large multi-national corporations’ claims of an inability to pay a criminal fine or criminal monetary penalty. For example, he assisted in the global resolutions of Airbus S.A., Herbalife Nutrition Ltd., Odebrecht S.A., Braskem S.A., and Keppel Offshore & Marine Ltd., among others. Finally, he assists DOJ prosecutors in securities fraud investigations, including the appropriate determination of revenue recognition under Generally Accepted Accounting Principles (GAAP).

Jason has also assisted individuals, companies, and legal counsel on a variety of complex accounting matters related to various GAAP issues, including government enforcement actions for the improper treatment of revenue recognition, inaccurate and inappropriate accounting for reserves, warranty accruals and expenses, and other financial reporting irregularities. He has advised his clients on various fraud issues including embezzlements, procurement fraud, kickback schemes, securities fraud, false financial reporting, Ponzi schemes, and other complex accounting issues.

Finally, Jason has participated in a wide variety of litigation matters, including the preparation, analysis, and rebuttal of damage claims, bankruptcy matters, and contract compliance (royalty) audits, among others.

Learn more about Jason Wright: https://www.stout.com/en/profe...