June 21 (Cointime) - Blake Harris Law's founder, Blake Harris, stresses the importance of safeguarding digital assets, which are both attractive and valuable to investors. However, investing in crypto can be risky due to security concerns and the solvency of the facilitating firm. Digital assets are also subject to the same risks from litigation and creditors as physical assets.
Asset protection trusts, including domestic and offshore trusts, can be used to protect digital assets. Despite the security of the blockchain, many investors have lost money due to the lack of security in institutions used to buy and sell cryptocurrency, such as FTX and Celsius. This highlights the need for the right strategy and tools to protect these volatile and vulnerable assets.
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