In The News

Bitcoin ATM machines crash as price of cryptocurrency soars

13 Dec 2017

In this Straits Times (Singapore) article, “Bitcoin ATM machines crash as price of cryptocurrency soars”, Morrison & Foerster Associate Nick Davies commented on the recent demand for bitcoin, as the price of a bitcoin surged past US$16,000, a 1,600 percent increment since the start of the year.

“The practical use of bitcoin is still quite limited", he said. This surge has "all the hallmarks of a 'get-rich quick' scheme."

Close

Feedback

Disclaimer

Unsolicited e-mails and information sent to Morrison & Foerster will not be considered confidential, may be disclosed to others pursuant to our Privacy Policy, may not receive a response, and do not create an attorney-client relationship with Morrison & Foerster. If you are not already a client of Morrison & Foerster, do not include any confidential information in this message. Also, please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so.