Bitcoin broke into the consciousness of the general public in 2017. In March of that year, the price surpassed its then-all-time-high of USD 1,342. By December 17, 2017, the price was USD 19,783, up 1,824% from January 1, 2017. About a year later, on December 7, 2018, the price had dropped to below USD 3,300, a 76% drop from the prior December.
David Zaslowsky chairs the Litigation Department of Baker McKenzie's New York office, and practices in the area of general commercial litigation and arbitration. He is the editor of the Firm's blockchain blog and co-editor of the Firm's International Litigation & Arbitration Newsletter. David has a degree in computer science and has worked on numerous technical-related disputes. He has also worked on many cases involving issues of international litigation, including matters related to the Foreign Sovereign Immunities Act, enforcement of foreign arbitral awards, the Alien Tort Claims Act, forum non conveniens, obtaining discovery in aid of foreign proceedings under 28 U.S.C. Section 1782, and foreign attachments. David has been included for a number of years in the Chambers USA Guide and Chambers Global Guide for his expertise in International Arbitration.