I was interviewed by a Chinese newspaper ChainDD concerning Initial Exchange Offerings (IEOs). Just like Initial Coin Offerings, if we are discussing a security, IEO Offerings need to either be registered with the U.S. Securities Exchange Commission or meet an exemption from registration or they are illegal under United States[…]
FINLAW: NY Attorney General obtains NY GBL Section 354 order against Bitfinex and Tether, April 25, 2019
See my comments to breaking story and how this action is different from the norm at https://www.crowdfundinsider.com/2019/04/146826-new-york-attorney-general-issues-court-order-alleging-fraud-pertaining-to-bitfinex-and-tether-cover-up-of-850-million-loss-is-claimed/ and https://blockonomi.com/ny-ag-says-bitfinex-engaged-in-fraud-cover-up-but-exchange-denies/ and https://bitcoinmagazine.com/articles/bitfinex-faces-legal-action-from-ny-attorney-general-heres-what-this-means/ and https://www.coindesk.com/bitfinex-nyags-order-is-hurting-our-customers-and-the-crypto-market
FINLAW: Significant no action letter issued by SEC as to when a digital asset is not a security, April 3, 2019
The SEC today issued no action relief to Turnkey Jet, Inc. (Turnkey) providing for the first time an analysis of when a digital asset is not a security. Unsurprising, the SEC relied on the opinion of legal counsel that set forth factual representations alleviating the concern that the digital asset[…]
FinLaw: Scott Andersen of finlawyer.com Named One of the Top 5 Litigation Attorneys in EB5 Space, January 16, 2018
Scott Andersen of finlawyer.com Named Top 5 Litigation Attorney in the EB-5 Space, January 16, 2018 by EB5 Investors Magazine.
Speaker, Initial Coin Offering (ICO) Regulations: New Opportunities, New Risks – The Knowledge Group Webinar, November 15, 2018
https://www.theknowledgegroup.org/webcasts/initial-coin-offering-regulations/#webcast-portal The Knowledge Group webinar focusing on ICOs, STOs, securities regulations and enforcement actions. Other Panelists included Seth W. Goettelman, Principal, Kovitz Shifrin Nesbit; Harvey Kesner, CEO, Darisolutions; and David G. Adams, Attorney, Clifford Chance.