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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 Arthur Jakoby, Maxim Nowak and Joshua Schoch | December 1, 2023
Because Congress has failed to enact modern legislation governing crypto assets, the DOJ, SEC and CFTC have been compelled to shoehorn their crypto-related fraud enforcement strategies into distinct schemes that are decades old. Predictably, the outdated and varied methodologies have returned mixed and contradictory results.
9 minute read
By Dan Roe | November 30, 2023
For law firms like Sullivan & Cromwell and Quinn Emanuel Urquhart & Sullivan, the bankruptcy of FTX is proving to be just as profitable as some of the most notoriously lucrative Chapter 11 proceedings.
3 minute read
By Amanda Bronstad | November 27, 2023
Major League Baseball, Mercedes-AMG Petronas Formula One Team and two ad agencies, Wasserman Media Group and Dentsu McGarry Bowen, were sued on Monday as the latest promoters of failed cryptocurrency exchange FTX.
3 minute read
By Amanda Bronstad | November 27, 2023
Major League Baseball, Mercedes-AMG Petronas Formula One Team and two ad agencies, Wasserman Media Group and Dentsu McGarry Bowen, were sued on Monday as the latest promoters of failed cryptocurrency exchange FTX.
3 minute read
By Robert A. Schwinger | November 27, 2023
A number of recent cases involving blockchain platforms illustrate the difficulties that sometimes emerge in understanding what roles software coders do and don't play when it comes to such systems, and thus whether they may potentially be faced with liability.
17 minute read
By Alexander Lugo | November 21, 2023
"We're seeing more enforcement and civil cases pop up in Florida involving financial services, especially in the crypto space," said Mark Kornfeld, a shareholder at Buchanan Ingersoll & Rooney.
3 minute read
By ALM Staff | November 21, 2023
This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
By Maydeen Merino | November 15, 2023
"The investing public benefits from the Division of Enforcement's work as a cop on the beat," SEC Chair Gary Gensler said.
3 minute read
By Trudy Knockless | November 13, 2023
Son said investors will store their assets in their own digital wallets—wiping out the chance they could be misappropriated, as they were at FTX.
3 minute read
By Maydeen Merino | November 8, 2023
"It's a matter of following the facts and the law where they take us—without fear or favor," SEC Chair Gary Gensler said.
3 minute read
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