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The Rise of Cryptocurrency and Its Role in Federal Criminal Activity

Okabe & Haushalter May 26, 2025 Federal Crimes

Cryptocurrency has changed the world of finance. Digital currencies like Bitcoin and Ethereum offer privacy, speed, and freedom. However, these same features have opened new doors for federal criminal activity.

We understand how serious federal charges linked to cryptocurrency can be. Speaking with our San Francisco federal crime lawyer early can make a critical difference if you are under investigation. Our attorneys work hard to defend your rights and build a strong case.

The U.S. Department of Justice (DOJ) has significantly increased its focus on crypto-related offenses. In 2023 alone, the DOJ announced over $4.3 billion in cryptocurrency-related seizures, reflecting a growing commitment to crack down on financial crimes involving digital assets. According to a Chainalysis 2024 report, illicit cryptocurrency transactions accounted for $24.2 billion in volume during the previous year, up from $20.6 billion in 2022.

How Cryptocurrency Facilitates Federal Crimes

Federal agencies are paying close attention to digital currencies. The privacy that once made cryptocurrency attractive to investors now raises red flags. Transactions on certain blockchains are hard to trace. This allows some individuals to hide illegal activities from law enforcement.

Our firm, Okabe & Haushalter, understands how these investigations unfold. Federal authorities are aggressively pursuing individuals suspected of misusing cryptocurrency systems. Our legal team specializes in challenging unlawful searches, disputing weak evidence, and fighting against unjust charges.

Common Federal Charges Linked to Cryptocurrency

There are many ways cryptocurrency can lead to federal charges. Some of the most common include:

  • Money laundering
  • Wire fraud
  • Tax evasion
  • Terrorist financing
  • Drug trafficking payments

Prosecutors use new laws and investigative techniques to link cryptocurrency to these crimes. In fact, the IRS Criminal Investigation Division reported over 1,300 cases. We study these laws closely to stay ahead of government tactics.

At Okabe & Haushalter, we use proven defense strategies tailored to each client. Our legal team works to protect your freedom, future, and financial security.

Defending Against Cryptocurrency-Related Federal Charges

A strong defense begins immediately. If authorities believe you used cryptocurrency for illegal reasons, do not speak to them without legal counsel. Every statement can be used against you later.

We review every part of the government’s case. Our attorneys examine financial records, transaction histories, and blockchain data. We also bring in experts to challenge the prosecution’s digital evidence. We often find violations of your constitutional rights that can weaken the charges.

Federal cases involving cryptocurrency are serious. Convictions often lead to years in prison and massive fines. Our mission is to fight hard to avoid these outcomes.

Protect Your Future With Experienced Representation

If you face cryptocurrency-related federal charges, you need a legal team to fight back. Our attorneys have extensive experience handling high-stakes federal cases.

We are proud to serve San Francisco and the surrounding areas. Whether you need a San Francisco federal crime attorney for an investigation, charges, or trial, we are ready to help. Call 310-543-7708 for a free consultation to discuss your case today.