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Crypto Recovery Lawyer David Silver Joins Coinfirm's US Board

The noted attorney will help defrauded investors recover their wrongfully taken cryptocurrencies as a member of Coinfirm's board in the U.S.

By Jaspreet Kalra
Updated Sep 14, 2021, 10:30 a.m. Published Nov 12, 2020, 9:58 p.m.
Investigation

David Silver, a securities fraud and investment loss attorney known for pursuing lawsuits against cryptocurrency exchanges in the United States, has joined Coinfirm, the blockchain analytics and anti-money laundering platform company.

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The London-based Coinfirm announced Silver's appointment to its board of directors in the U.S. on Thursday, saying the co-founder of the Silver Miller law firm will help defrauded investors recover their wrongfully taken cryptocurrencies.

  • According to the announcement, Silver’s interaction with crypto litigation started in 2014 when his law firm filed a lawsuit against cryptocurrency exchange Project Investors, Inc. d/b/a Cryptsy. He has since been involved in numerous litigations and arbitrations with platforms including Coinbase, Kraken and Xapo among others.
  • In a 2018 op-ed for CoinDesk, Silver said he enjoys filing lawsuits against exchanges because of his love for digital assets such as bitcoin.
  • “I’ve been crazy about [crypto] for longer than you’ve known [about it]. And I’ll keep poking [it] with a stick. That’s how I show my love,” said Silver in the op-ed, paraphrasing a quote from the fictional character Amy Gardner on the TV show "The West Wing."

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Crypto revenue fell 38% year over year to $221M, even as the company expanded token listings and crypto features across its platform.

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  • Robinhood’s fourth quarter earnings per share of $0.66 topped estimates for $0.63, but revenue of $1.28 billion fell shy of forecasts for $1.33 billion.
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