Breaking news and analysis exploring how the legal industry and regulators are approaching virtual currency and other blockchain-enabled items.
By Michael A. Mora | February 7, 2024
"In so doing, McCarter & English was so reckless and grossly negligent in their work that they crossed the line into soliciting the sale of unregistered securities and in actively participating in and enabling this RICO Conspiracy that has caused …billions in damages," the plaintiffs alleged in the nearly 110-page lawsuit.
4 minute read
By Michael A. Mora | February 7, 2024
The firm, the plaintiffs allege, "was so reckless and grossly negligent in their work that they crossed the line into soliciting the sale of unregistered securities and in actively participating in and enabling this RICO Conspiracy that has caused …billions in damages."
4 minute read
By Dan Roe | February 6, 2024
The crypto lender emerged from Chapter 11 at the end of January, with former customers receiving bitcoin, stock in a bitcoin mining operation and the rights to legal claims against founder Alex Mashinsky.
5 minute read
By Amanda O'Brien | February 5, 2024
Amy Mushahwar has also spent time at Holland & Knight, Reed Smith, Ballard Spahr and Davis Wright Tremaine.
4 minute read
By Lisa Willis | January 29, 2024
Former Manhattan U.S. Attorney Geoffrey S. Berman said the Florida lawyer, "who was an equity partner at a well-known international law firm, exploited his expertise as a seasoned corporate attorney to create sham investment funds."
5 minute read
By Riley Brennan | January 24, 2024
"Out of the $1.3 [million], half a million dollars went to the IRS, and a few hundred thousand dollars went to a home remodel the Lord told us to do," defendant Eligio (Eli) Regalado, a paster at Victorious Grace Church, said in a video.
6 minute read
By Robert A. Schwinger | January 22, 2024
Recent court rulings show the venerable common-law tort of conversion providing an effective vehicle for relief in a number of cryptocurrency and NFT disputes.
19 minute read
By Marianna Wharry | January 19, 2024
This suit was surfaced by Law.com Radar, ALM's source for immediate alerting on just filed cases in state and federal courts. Law.com Radar now offers state court coverage nationwide. Sign up today and be first to know about new suits in your region, practice area or client sector.
4 minute read
By Stephanie Wilkins | January 17, 2024
The legal industry makes its predictions for what we will see in the areas of emerging technologies, technology costs, the economy, market consolidation and more in 2024.
13 minute read
By Maydeen Merino | January 11, 2024
Amid approval, SEC Chair Gary Gensler warns that "investors should remain cautious about the myriad risks associated with bitcoin and products whose value is tied to crypto."
4 minute read
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