The U.S. regulator said the offering of LBRY, whose business focuses on distribution and monetization of digital content without an intermediary, constituted an offering of securities under Howey test.
The digital asset industry has a specific problem which, despite hurting consumers and adoption, receives little attention: dishonest advertising.
The revised guidance comes after a 12-month review of the initial release, which found that some jurisdictions’ AML and CFT regimes with respect to digital assets were still underdeveloped or not developed at all.
As more and more NFTs reach ridiculous valuations, it is becoming obvious that the market is almost entirely blind to what an NFT is—and what it is not.
The law firm representing Ira Kleiman, Roche Cyrulnik Freedman LLP, is embroiled in a bitter internal struggle that has now resulted the filing of two separate lawsuits in Florida and New York.
Binance is the subject of an active investigation by the Commodity Futures Trading Commission for potentially offering digital asset derivative products to U.S. citizens in contravention of U.S. regulations.
Two prominent names in the Crypto Crime Cartel were arrested as the long overdue legal reckoning chews through prominent industry companies and individuals at the start of what is set to be a busy 2021.
As blockchain technology becomes increasingly relied upon, it becomes critical that the law extends its well-established protections to this new context.
The Bitcoin community in particular has fetishized the concept open-source to the extent that it has become nearly inseparable from the promise of Bitcoin and blockchain technology generally.
Dr. Craig Wright now finds himself as the perfect plaintiff to demonstrate the points he has been making for years: that there is nothing about blockchain, Bitcoin or any other digital asset which takes them outside the scope of the law.
Dr. Craig Wright has begun legal action against the developers of BTC, BCH, BCH ABC and BSV over 111,000 stolen Bitcoin.
The NYAG statement is highly critical of Bitfinex and Tether, accusing them of “recklessly and unlawfully [covering up] massive financial losses” and “illegally trading virtual currencies in the state of New York.”
