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National Law Journal

Bitnomial Exchange Preemptively Sues SEC Over Alleged Enforcement Conflict With CFTC

"This is about future contracts and who has jurisdiction over the trading of futures contracts," said Matthew F. Kluchenek, a partner at Katten Muchin Rosenman.
4 minute read

The American Lawyer

Sullivan & Cromwell Dismissed as Defendant in Lawsuit from FTX Investors

The dismissal follows a second report from an independent examiner that found Sullivan & Cromwell didn't ignore red flags in pre-petition work for FTX.
2 minute read

Law.com

Binance's Singapore-Based General Counsel Is Shattering Crypto's 'Bro Ceiling'

"The fact that it is a new, nascent industry provides women with the opportunity to be in those roles and to be able to progress very quickly," said Eleanor Hughes, general counsel for Binance.
4 minute read

The Recorder

Mango Labs Sues Ex-Employees for Over $10M After 'Egregious' Governance Nightmare

"It's good for the industry to take a stand against this kind of conduct," said Michael Burshteyn, a shareholder at Greenberg Traurig.
4 minute read

Texas Lawyer

Crypto.com Becomes Latest Industry Player to Sue the SEC

"The outcome of this case could have far-reaching implications, not just for Crypto.com, but for the broader crypto industry, particularly as it relates to secondary-market transactions and how they're regulated," said Tonya M. Evans, a professor at Penn State Dickinson Law whose research includes digital assets.
4 minute read

Daily Business Review

Winston & Strawn Hires K&L Gates' Former Digital Assets Co-Chair in Miami

After a slew of initial partner hires in 2022, when Winston & Strawn first launched in Miami, the office has since not hired many new partners in that space. Now, it's bringing on its second crypto-focused partner since it established the practice.
3 minute read

Corporate Counsel

SEC Enforcement Chief Grewal—Whose Hard Line on Crypto Tormented the Industry—Stepping Down

"The bottom line is that the SEC did what it needed to do in response to the scams in crypto," said Terrence Yang, a strategic adviser to Swan Bitcoin and a former senior counsel at Merrill Lynch.
4 minute read

New Jersey Law Journal

Bitcoin Mining Company That Enlisted Davis Polk Beats Investor Class Action

"When you boil down allegations that involve matters in the crypto space and cut through the complexity, the basics of the U.S. securities laws still apply," said Edmund Polubinski, a partner at Davis Polk & Wardwell.
4 minute read

Law.com

Arkansas Judge, Prosecutor Accused of Targeted Crypto-Miner Crackdown

"Bitcoin mining gets a lot of criticism for the amount of energy it uses," said Justin Daniels, a partner at Baker Donelson. "But data training centers for artificial intelligence do the same thing, yet I don't hear the criticism."
4 minute read

The Recorder

Swan Bitcoin Enlists Gibson Dunn in Alleged Billion-Dollar Mining Heist Case

"As laid out in Swan's complaint, the theft of Swan's trade secrets and confidential information is staggering and alarming," said Harris M. Mufson, a partner at Gibson, Dunn & Crutcher.
4 minute read

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