On the Money: Central Bank Digital Currency Explained

Our Mission is to bridge the knowledge gap between law and technology professionals by educating attorneys on technology to attorneys and technology executives on its laws and regulations. Legal Cyber Academy provides a comprehensive tool and evolving knowledge base through exclusive insights from world class cybersecurity, privacy, web 3.0, forensic, and e-discovery legal and technical practitioners. Earn CLE, CPE, and CE credits. (Refunds are available if you do not receive credit) At Legal Cyber Academy We recognize that technology, the cybersecurity threats it faces, and relevant laws and regulation are rapidly evolving, presenting unique challenges and opportunities. Our platform is dedicated to empowering legal professionals with the skills and understanding necessary to navigate the complex landscape of technology in their field, enabling them to effectively advise clients, draft contracts, and navigate legal implications in a technology-driven world. Simultaneously, we strive to equip technology professionals with the legal knowledge they need to make informed decisions, ensure compliance with regulations, and limit liability. By fostering a deep understanding of legal frameworks, we hope to support technology professionals in creating innovative, compliant, and socially conscious technological advancements. Join us in our mission to reshape the way legal professionals and technology experts understand and interact with each other in a rapidly changing technical and legal landscape. Together, they will mitigate risk better, ensure compliance, and actively shape the future of technology and its accompanying laws.

Danie Garrie, Esq., is the Co-Founder of Law & Forensics LLC, where he heads the Computer Forensics and digital discovery Cybersecurity teams. Daniel has been a dominant voice in the computer forensics and cybersecurity space for the past 20 years, as an attorney and technologist. He is an adjunct professor at Harvard for Computer Forensics, and prior to Law & Forensics, he successfully built and sold several technology start-up companies. Since co-founding Law & Forensics LLC in 2008, Daniel has built it into one of the leading boutique firms specializing in cybersecurity and forensic engineering. He is a mediator, arbitrator, and e-discovery special master for JAMS and is a partner and head of Cybersecurity practice at Zeichner, Ellman & Krause LLP. Daniel earned both a Bachelor’s and a Master’s degree in computer science from Brandeis University, as well as a J.D. from Rutgers Law School. Daniel has led cyber and forensic teams in some of the most visible and sensitive incidents in the United States. He and his team have worked globally for two of the top five banks and dozens of the largest private and public companies in the world. In addition, Daniel has been awarded several patents for advanced cybersecurity and forensic platforms he built with his team, including TableTop.AI, CustodyTrack.IO, and Forensic Scan. Daniel is also well-published in the cybersecurity space and has authored more than 200 articles and books. His work is cited by Black’s Law Dictionary 10th Ed. defining the terms 'software', 'internet', and 'algorithm'. Lastly, he has been recognized by several United States Supreme Court Justices for his legal scholarship and is a trusted source and thought leader for cybersecurity articles and opinions, cited over 500 times to date.

David Cass is a senior partner at Law & Forensics LLC, where he leads the Cryptocurrency and Digital Banking Practice and is a member of the Cyber Security and Forensics Practice. He most recently served as a lead regulator for the Federal Reserve Bank of New York, where he was a member of the Large Institution Supervision Committee (LISCC). Prior to this appointment, David was the CISO & Global Partner of IBM’s Cloud Security Service Unit, where he was responsible for its security practices, processes, and policies. He has been an active contributor to the FS-ISAC and the European Banking Federation on Cloud Compliance and Security for financial services firms and has worked closely with US and international regulators. He was part of the team that introduced the first financial services blockchain initiative utilizing public cloud, supported by 10 major international banks. Previously, he served as SVP & CISO for Elsevier, where he led an organization of experienced legal, risk, and security professionals who provided data protection, privacy, security, and risk management guidance on a global basis. He also served as Elsevier’s HIPAA officer. David has an MSE from the University of Pennsylvania and an MBA from MIT. He is a frequent speaker at high-profile conferences and serves on a public corporation’s Board of Directors. He also serves as an editorial board member for The Journal of Law & Cyber Warfare and as a board member for the UCLA Extension Silicon Beach Innovation Lab. He is a faculty member for the non-profit Global Cyber Institute and an adjunct faculty member for Harvard and at the Rutgers Law School. He is a member of the New York City Cyber Critical Services & Infrastructure team organized by the NYPD and the office of the NY District Attorney. In his free time, David is a volunteer firefighter & Swiftwater Rescue Technician.

Josh is the firm’s U.S. Head of Fintech and Head of Blockchain and Digital Assets. He is one of the best-known blockchain and cryptocurrency lawyers in the U.S. and globally, highly regarded for his extensive experience in, and deep knowledge of, blockchain, smart contracts, and cryptocurrency matters, including initial coin offerings (ICOs)/digital token offerings. Josh has represented or consulted for global technology companies, token sellers, cryptocurrency exchanges and relayers; venture, hedge, and private equity funds and their portfolio companies; token marketers and broker-dealers; funds interested in trading digital assets; and major global investment banks, insurance companies, financial institutions, and asset managers, among others. By background, Josh is a finance and corporate lawyer. He spent over 10 years representing lenders and borrowers in leveraged finance and banking transactions and public and private organizations in a broad array of commercial transactions and corporate governance matters.

Chip Poncy is the global head of financial integrity and a board member at K2 Integrity. Additionally, he serves on the boards of FinClusive and Atomic 47, two financial security and technology companies dedicated to financial inclusion. He is also a senior advisor for the Foundation for Defense of Democracies’ Center on Economic and Financial Power. Chip advises various financial institutions, including banks, on financial crimes compliance and risk management remediation, transformation, and enhancement. Prior to K2 Integrity, Chip spent more than a decade as a Senior Advisor at the U.S. Department of the Treasury, and was the inaugural Director of the Office of Strategic Policy for Terrorist Financing and Financial Crimes. Chip assisted Treasury leadership in developing the U.S. government’s post-9/11 strategy to combat terrorist financing and led an office of advisors in creating policies and initiatives to combat the full spectrum of illicit finance. Chip also led the U.S. delegation to the Financial Action Task Force (FATF), co-chaired the policy working group of the FATF, and managed U.S. participation in various G7, G8, and G20 illicit finance expert groups. Chip began his career as an associate in the New York offices of White & Case, and has served as general counsel to biotechnology and internet radio companies. He co-pioneered a graduate course on national security and the international financial system as an adjunct associate professor at Georgetown University. Chip graduated with honors from Harvard University (B.A. in government) and the Johns Hopkins School of Advanced International Studies (M.A. in international relations), and he holds a J.D. from the Georgetown University Law Center.

Paul McCulloch-Otero is a New York licensed attorney, information systems architect, & executive, advising clients in the fields of Cybersecurity, Technology (including blockchain and emerging technologies), FinTech (including Decentralized Finance), Privacy, and Emerging Technologies. Paul’s clients range from SMEs to Fortune 500 companies and decentralized networks, and include technology services companies, payment services providers, cryptocurrency exchanges, international financial institutions & banks, international financial entities, neobanks / challenger banks, decentralized autonomous organizations, and more. Paul’s services include but are not limited to: payment systems, challenger banking / neobanks (establishing, licensing, & managing), online crowdfunding / auction services, exchanges / ATS, Environmental, Social, and (Corporate) Governance (ESG) advisory, cybersecurity (e.g. bug bounties, threat management, breach/incident/ ransomware response), Corporate strategy (e.g. IP, tax, technical architecture), corporate structuring & filing (e.g. master/feeder structures, funds, International Financial Entities), corporate digital transformation, IT / blockchain architecture, and decentralized finance (“DeFi”). As a DeFi attorney, Paul has helped clients (and networks) develop/draft, launch, and manage: tokenomics strategies & coin offerings, decentralized autonomous organizations (DAOs) and their respective legal wrappers, liquidity pools (including AMMs), and additional innovative decentralized vehicles and other Web3 applications. Paul also serves as an Advisor to Chrysalis Advisory Services, a company that assists clients in conducting general IT audits & certifications (e.g. ISO 27001, SOC2, PCI-DSS), as well as assisting clients and decentralized networks in developing and deploying operational risk and compliance frameworks to govern decentralized operations. Paul also serves as the CEO of Rengo LLC, a technology services company specializing in developing financial and Web3 applications.