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Breaking news and analysis exploring how the legal industry and regulators are approaching virtual currency and other blockchain-enabled items.
By Riley Brennan | August 8, 2023
This complaint was first surfaced by Law.com Radar.
4 minute read
By Jane Wester | August 4, 2023
The government said the letter from the Harvard professor emeritus was an "amicus brief without a request for leave to do so."
5 minute read
By Jeffrey Alberts | August 3, 2023
On July 13, a federal judge in the Southern District of New York ruled that the analytical approach to cryptocurrency tokens advanced by SEC Chair Gary Gensler and the SEC staff was incorrect. Not only is it not clear that most cryptocurrency tokens are securities, the court concluded that no cryptocurrency tokens are securities.
8 minute read
By Jane Wester | August 2, 2023
In Bankman-Fried's case, Tribe argued the government "risks distorting multiple legal rights."
4 minute read
By Barbara Goodstein | August 2, 2023
The proposed changes to the UCC effected by the 2022 amendments are numerous, affecting every article in the statute. Among those changes are amendments to the definition of "money" and how a security interest in that type of asset can be perfected. In her Secured Transactions column, Barbara Goodstein discusses the treatment of money under the 2022 UCC amendments and how it's affecting the progress of adoption of the amendments throughout the states, and the "loosely titled hip-pocket amendment" that will try to resolve the issue impeding adoption.
8 minute read
By Isha Marathe | July 31, 2023
A recent lawsuit brought a landmark decision against the U.S. Securities and Exchange Commission (SEC), hinting at how cryptocurrency enforcement may continue to evolve in near future.
6 minute read
By Jane Wester | July 27, 2023
Prosecutors said that the Bahamas would not extradite the ex-crypto entrepreneur on charges related to over political contributions.
3 minute read
By Hugo Guzman | July 27, 2023
"While we may not be back to the kind of the consumer frenzy that we had previously, I think it's moving in a positive direction," said Michael Haeberle, managing member of Patterson Law Firm.
3 minute read
By Jane Wester | July 26, 2023
U.S. District Judge Lewis Kaplan of the Southern District of New York said he would impose an interim gag order on Bankman-Fried to give the parties time to file briefs on the question of detention. The final filing is due Aug. 3.
4 minute read
By Ross Todd | July 24, 2023
The eyes of the cryptocurrency industry have been on the SEC's case with Debevoise and Kellogg Hansen representing Ripple Labs and Cleary and Paul Weiss representing company executives.
11 minute read
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