Cryptolegal.uk ^new^
His Majesty’s Revenue and Customs (HMRC) does not view cryptoassets as currency. Instead, they are treated as property for tax purposes. Legal advisors at play a pivotal role in ensuring individuals and corporations structure their activities tax-efficiently.
Crypto Legal has a transparent fee structure:
Another client, a victim of a sophisticated crypto scam, shared that Crypto Legal’s forensic team was “truly remarkable” after two unsuccessful attempts with other firms. The team successfully traced and located stolen assets, providing the client with a successful resolution. cryptolegal.uk
Crypto Legal understands that clients come from diverse backgrounds and offers flexible payment methods, including bank transfer, ACH transfer, credit card, and cryptocurrency (BTC, ETH, BNB, USDC).
If an individual receives crypto as payment for employment, mining rewards, staking yields, or highly frequent algorithmic trading (deemed a commercial trade), it is subject to Income Tax and National Insurance. His Majesty’s Revenue and Customs (HMRC) does not
Founded in 2017, the firm serves individuals, institutions, and corporate entities navigating the highly complex legal structures governing digital assets. By combining advanced technical on-chain analytics with deep legal expertise, the company has positioned itself as a leading authority in combatting cryptocurrency scams, hacking incidents, and regulatory bottlenecks across both the UK and US markets. Core Legal and Forensic Services
For anyone operating in the UK crypto space—whether you are a DeFi developer, a venture capitalist, or a retail trader—ignorance of the law is not a defense. However, the law in this sector is changing so fast that relying on last year’s article is dangerous. Crypto Legal has a transparent fee structure: Another
Owners of digital assets now have the same fundamental legal recourses as owners of traditional physical property.
The firm emphasises the legal framework supporting asset recovery, noting that crypto assets are recognised as property under UK law, reinforced by the recently enacted passed in September 2024. The firm uses legal tools such as Norwich Pharmacal Orders (NPOs) and Bankers Trust Orders (BTOs) to compel third parties, like cryptocurrency exchanges, to disclose information that may help identify fraudsters.
Crypto Legal claims to have received and is recognised as a UK leader in blockchain legal and forensic services. The firm's team includes legal practitioners with over 18 years of experience, such as Manuel Duenas Lopez , a lawyer ranked among Europe's top AML and fraud lawyers, and James Ovuike , a New York-admitted attorney with extensive experience in anti-money laundering and regulatory compliance.