Silver Miller[1] law firm seems to be involved in almost every crypto-related lawsuit out there today, representing aggrieved users who have allegedly lost money to crypto industry giants Coinbase[2], Cryptsy[3], Nano, Kraken[4], BitConnect[5], Monkey Capital, Giga Watt, and Tezos[6], to name a few.
David C. Silver, a founding Partner of Silver Miller, spoke to Cointelegraph (CT) this week about his views on crypto regulation, the law’s role in the crypto sphere, and why he is not just a “Better Call Saul” kind of lawyer.
Who is David Silver?
In their class action lawsuit against Nano[7], Silver Miller presents themselves as a “strong advocate for aggrieved investors harmed by the misrepresentations and illegal actions of cryptocurrency exchanges and issuers,” but who exactly is David Silver and what is his impetus for taking on the crypto sphere, seemingly one lawsuit at a time?
In terms of his resume, Silver is a financial securities lawyer who worked at Squire Patton Boggs from 2004 to 2010 before founding Silver Miller along with Partner Jason S. Miller. Silver got involved in the crypto world in 2014 when he was in South Beach with a friend who was interested in Bitcoin[8] (BTC):
“Someone who was into Bitcoin at the time took my cell phone, opened up a Coinbase account for me, and gave me 5 Bitcoins to prove a point. And at that time I was like: ‘This guy is going to jail, Bitcoin is a con.’”
He told CT that he still has those five BTC, but has not actually acquired any beyond this one-time gift.
Silver has been filing class action lawsuits in crypto ever since, while constantly keeping