The U.S. Securities and Exchange Commission ramped up a series of enforcement actions against initial coin offering (ICO) frauds toward the end of last year and beginning of 2018.
As the regulator and its new leader, former Sullivan & Cromwell partner Walter “Jay” Clayton III, vow to be “on high alert” for companies breaking securities laws, the SEC has also created new opportunities for the lawyers advising the cryptocurrency industry on certain investments.
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