Andrew W. Balthazor

Andrew W. Balthazor is an attorney in Holland & Knight's Miami office, practicing in the Litigation and Dispute Resolution Section. He also co-leads the Crypto Asset Dispute Team. Mr. Balthazor's practice focuses on solving problems born of digital-era innovations such as distributed ledger technologies and cryptocurrencies and other high-stakes complex commercial litigation.

Digital Assets and Blockchain: Mr. Balthazor uses his background in computer science and as a military intelligence officer to address novel problems arising from the technologies underpinning digital assets and distributed ledgers. In June 2022, Mr. Balthazor proposed and secured the world's first court approval for serving legal papers on an anonymous blockchain defendant via non-fungible token (NFT).

Mr. Balthazor is experienced in guiding clients through regulatory gray areas, jurisdictional uncertainties and commercial agreements relating to digital assets. He advises clients regarding digital asset risks and opportunities and, when necessary, collaborates with clients to create strategies mitigating risks or resolving disputes.

Mr. Balthazor's representations address the rippling consequences of the crypto winter initiated by the collapse of blockchain projects and institutions in early 2022, including representing foreign liquidators in the two most significant liquidation proceedings of the crypto industry. Mr. Balthazor has both plaintiff- and defense-side experience with institutional-level crypto scams, Ponzi schemes and pump-and-dump frauds.

Mr. Balthazor's earliest blockchain-related work involved tracing stolen or misappropriated digital assets and cryptocurrencies. He works with third parties around the world – including law enforcement and cryptocurrency exchanges – to investigate, freeze and recover assets. He has also developed first-of-their-kind cryptocurrency claim and distribution systems for victims of virtual Ponzi schemes and initial coin offering (ICO) securities frauds. In 2018, Mr. Balthazor worked on a case using blockchain and financial records to locate and freeze $1 million in stolen cryptocurrency held in Hong Kong.

Complex Commercial Litigation: Mr. Balthazor has a particular focus in disputes involving multiple jurisdictions, inscrutable business entities and obscure financial transactions or evidentiary trails. His experience includes claims for fraud, breach of contract, promissory estoppel, statutory violations, commercial torts, product liability, breach of fiduciary duty and tortious interference.

ERISA Litigation: Mr. Balthazor is an experienced defense-side attorney with a deep understanding of Employee Retirement Income Security Act of 1974 (ERISA) fiduciary duties, ERISA standards of review of administrative decisions and equitable remedies.

Mr. Balthazor served as a judicial law clerk for the Honorable Cecilia Altonaga of the U.S. District Court for the Southern District of Florida. While in law school, Mr. Balthazor worked as a judicial intern for the Honorable Adalberto Jordan of the U.S. Court of Appeals for the Eleventh Circuit, as well as the Honorable Jose Martinez of the U.S. District Court for the Southern District of Florida.

Prior to law school, Mr. Balthazor served as a military intelligence officer with the U.S. Army from 1999 to 2004 and was deployed to Baghdad during the initial year of Operation Iraqi Freedom. He is an active participant in Holland & Knight's Veterans Group.

Mr. Balthazor also contributes his time to pro bono efforts, including veterans and community service projects. Additionally, he volunteers as a mentor to pre-law and law students.