Breaking news and analysis exploring how the legal industry and regulators are approaching virtual currency and other blockchain-enabled items.
By Emily Saul | August 15, 2023
A former Chainalysis employee claims the company breached a contract when it refused to grant him his vested stock options.
3 minute read
By Marianna Wharry | August 15, 2023
The suit was first surfaced by Law.com Radar.
2 minute read
By Katie Hall | August 14, 2023
The defendants requested a password reset for a user earlier this month, then posted a link to purchase counterfeit NFTs. The link was a fraudulent phishing scheme designed to steal cryptocurrency from those who clicked on the link, the lawsuit alleges.
2 minute read
By Jane Wester | August 11, 2023
U.S. District Judge Lewis Kaplan of the Southern District of New York noted that the defense has raised concerns about Sam Bankman-Fried's First Amendment rights while he is under an interim gag order, but ruled that the concerns about witness intimidation outweigh that issue.
4 minute read
Delaware Business Court Insider
By Ellen Bardash | August 10, 2023
Names of overseas creditors have been released by the bankruptcy court. The foreign creditors have formed an ad hoc committee represented by Eversheds Sutherland.
7 minute read
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
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