The new year is only just with us, and already the crypto legal space is moving quickly. We wanted to take a look at some recent developments that may impact crypto projects and what they could mean. (Standard Disclaimer: we’re lawyers, but this isn’t legal advice. Unless you’ve signed an engagement letter with us, we don’t […]

UPDATE JULY 11, 2023 – The court has released its Final Judgment in the LBRY case.   Breaking news in the SEC lawsuit against LBRY, Inc. In this case, the U.S. District Court for New Hampshire recently ruled on the motions for summary judgment by the parties. (A motion for summary judgment asks the court to reach a judgment on the […]

You may have recently heard about the Commodity Futures Trading Commission (“CFTC”) case and settlement against bZeroX LLC and its founders, primarily alleging unregistered operation of contract market and futures merchant activities, and failure to perform KYC/AML screening. There are a number of noteworthy aspects to this case, but perhaps the most interesting is that in addition […]

Yesterday, SEC Chair Gary Gensler gave a speech addressing the regulation of crypto assets. While his speech is not official SEC guidance or policy, it does forecast what may be the “new normal” in the SEC’s regulatory focus. (Standard Disclaimer: we’re lawyers, but this isn’t legal advice. Unless you’ve signed an engagement letter with us, we don’t represent […]

You may have recently heard of the Responsible Financial Innovation Act (the “Lummis-Gillibrand Bill” or the “Bill”), introduced recently in the U.S. Senate. Let’s take a look at some of the basic terms. (Standard Disclaimer: we’re lawyers, but this isn’t legal advice. Unless you’ve signed an engagement letter with us, we don’t represent you. If you’d like us […]

You may have heard of the recent U.S. Department of Justice (DOJ) criminal case in New York against three cryptocurrency traders, one a former Coinbase employee, for insider trading of crypto tokens. While the DOJ has made similar charges in the past (regarding NFT insider trading), this new case is accompanied by a parallel SEC civil […]