AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Prepare for Litigation: High Net Worth Risks
High net worth individuals in the Bitcoin space must acknowledge additional risks beyond market volatility, particularly legal vulnerabilities. As the number of ultra-high net worth individuals increases, they may encounter a higher likelihood of litigation, making preventative measures vital. Self-custody and proper planning for tax, inheritance, and overall asset management are necessary, yet the reality of potential lawsuits requires additional focus. To thrive in the Bitcoin ecosystem, one must adopt a long-term perspective, understanding that managing legal risks is as crucial as managing financial ones.