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Ryan Hedstrom is an associate in the firm’s Litigation Practice Group. He primarily focuses his practice on policyholder insurance coverage disputes and complex commercial litigation, assisting clients with virtually all types of insurance recovery issues, including coverage denials, claim presentation, bad faith matters, and related appeals, as well as complex business disputes.

Introduction

Cryptocurrency isn’t just for tech startups and X (formerly Twitter) enthusiasts anymore. Mainstream corporations are increasingly forced to consider Bitcoin—the undisputed “king” of crypto—and other investments into digital assets whether they are on board or not. Some, like Tesla and MicroStrategy (now rebranded as “Strategy”), have already poured billions into Bitcoin. Others, like Microsoft

As many policyholders are acutely aware, the insurance landscape is complex, with numerous insurers offering a wide range of available insurance programs.  While some coverage forms are standard, many are unique to specific industries and even to individual insurance companies. This diversity makes it critically important for policyholders to know the risks that their particular