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Why crypto’s deep ties to financial markets are a hotbed for risk

Lack of a primary trading venue, variable liquidity and low transparency in pricing methodologies all leave considerable room for legal disputes

Why crypto’s deep ties to financial markets are a hotbed for risk
Photo: FN Staff/Getty Images

Ben Packer is a partner, and Michael Munk is a managing associate, at Linklaters 

Over the past year, large hedge funds, investment banks, custodians, and asset managers have increasingly entered cryptoassets markets and are starting to form a critical mass.

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