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Michael Bacina

| Partner, Digital Law, Blockchain Piper Alderman | Chair Digital Economy Council of Australia | Director Canadian Australian Chamber of Commerce | Digital3 RMIT | Law Society of NSW AI Taskforce

Michael Bacina is an experienced lawyer specializing in digital law, particularly in decentralized and web3 technologies.1 He currently serves as a Partner at Piper Alderman in Sydney, Australia, where he provides expert legal advice on commercial contracts, corporate law, fund raising, compliance, and technology-focused projects, especially those involving blockchain deployment.1

In addition to his legal practice, Bacina holds several notable positions:

  1. Sessional Academic and Course Author at Charles Sturt University (April 2020 - Present)1
  2. Chair of the Board of Directors at Blockchain Australia (November 2020 - Present)1
  3. Company Secretary at the Canadian Australian Chamber of Commerce (2019 - Present)1

As a Sessional Academic at Charles Sturt University, Bacina has been involved in:

  • Authoring the "Digital Currency and Anti-Money Laundering" Masters of Law subject (2021)1
  • Online guest lecturing on Digital Law and Distributed Ledger Technology (2020-2021)1
  • Guest lecturing on Blockchain Law (2022)1

Bacina is also known for his policy work and advocacy in the blockchain and cryptocurrency space.3 He frequently presents on legal issues in technology, including blockchain and smart contracts, at events across Australia, Asia, and the United States.1 Recently, he became a partner at Travers Thorp Alberga in George Town, Cayman Islands, and was admitted as an Attorney at Law in the Cayman Islands in September 2024.12

Highlights

Sep 3 · linkedin

🤖 Brian Armstrong, founder of Coinbase, recently announced a significant development: AI-powered agents have successfully exchanged AI tokens between each other. This marks a noteworthy step in the evolution of AI's role in financial transactions.

🔗 AI Agents & Crypto Wallets: While AI agents can’t open bank accounts, they can now hold crypto wallets.

🤖New Possibilities: This opens up interesting opportunities, such as allowing AI agents to automate financial decisions (e.g., making purchases when prices hit certain thresholds) without needing complex coding or expensive subscriptions. The integration of AI with smart contracts could significantly enhance online business functionality.

⚖️ Regulatory Challenges: As AI and crypto continue to advance, regulatory frameworks are struggling to keep pace.

The intersection of AI, crypto, and regulation will be a critical area to watch as these technologies evolve.

https://lnkd.in/gsf6TrSH

Sep 3 · linkedin

🎧 Martin Shkreli is again in the legal spotlight, this time over his handling of Wu-Tang Clan's unique album, Once Upon a Time in Shaolin.

💰 2015: Shkreli bought the album for $2M. ⚖️ Legal Troubles: Following his conviction for securities fraud, the U.S. Government seized the album as part of a $7.4M penalty. 🎤 2021: The album was sold to PleasrDAO for $4.75M, with ownership tied to an NFT held by 74 members. 📁 2022: Shkreli revealed he had made digital copies of the album before it was seized. He later distributed these copies and hosted listening parties, sparking legal action from PleasrDAO. 📜 Lawsuit: PleasrDAO alleges Shkreli violated the asset forfeiture order and diminished the album's market value, seeking a federal court order to prevent further distribution. 🛑 Injunction: On 26 August 2024, a federal judge barred Shkreli from using or distributing any copies of the album, requiring him to surrender all existing copies. 🌐 Key Issues: This case highlights complex questions about copyright, asset forfeiture, and intellectual property in the context of NFTs. 💼 As the legal battle unfolds, it will be crucial to observe how the management and protection of unique digital and physical assets evolve in this context.

https://lnkd.in/gQKUQbsx

Related Questions

What courses has Michael Bacina authored at Charles Sturt University?
How did Michael Bacina transition from law to academia?
What are Michael Bacina's main areas of expertise in digital law?
How does Michael Bacina integrate blockchain technology into his teaching?
What is Michael Bacina's role at Blockchain Australia?
Michael Bacina
Michael Bacina, photo 1
Michael Bacina, photo 2
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Location

George Town, Cayman Islands