Archives: ICOs

Ethereum Upgrade and Blockchain Identity Solutions Progress, SEC Addresses Digital Asset Custody, Data Published on ICO Penalties and Crypto Crimes

In this issue: • Ethereum 2.0 Moves Closer to Launch, Blockchain Identity Solutions Announced • SEC Addresses Digital Asset Custody, Crypto Firms Achieve Licenses/Certs • Crypto Fraudster Sentenced, Data on ICO Penalties and Crypto Crimes Published Ethereum 2.0 Moves Closer to Launch, Blockchain Identity Solutions Announced By Jordan R. Silversmith After having launched last week, … Continue Reading

U.S. Crypto Exchange Approved as Wyoming Bank; Firms Integrate Blockchain for Data Management; Multiple Enforcement Actions by Treasury, SEC, DOJ and CFTC

By Robert A. Musiala, Jordan R. Silversmith and Marc Powers on September 18, 2020 Posted in Blockchain, Cryptocurrency, ICOs, Securities & Exchange Commission

In this issue: • U.S. Crypto Exchange Approved as Wyoming Bank, MSB Regulations to be Simplified • Auto, Mining and Financial Firms Integrate Blockchain for Data Management • OFAC, DOJ, IRS and FATF Take Various Actions Against Cryptocurrency Crimes • SEC Charges ICO Issuers, DOJ and CFTC Charge Defendants in Crypto Fraud Schemes • DOJ, … Continue Reading

Recent Securities Class Actions Targeting ICOs Raise Variety of Complex Legal Issues

By Marc Powers, Robert A. Musiala and Matt Friedman on August 6, 2020 Posted in ICOs

On April 3, 2020, exactly one year after the Securities and Exchange Commission (SEC) issued its “Framework for ‘Investment Contracts’ Analysis of Digital Assets” (Framework), 11 class action lawsuits were filed in the Southern District of New York by two law firms representing various combinations of four proposed lead plaintiffs. The lawsuits all name as … Continue Reading

Crypto-Focused Bank Achieves Approval in Wyoming, US HHS Implements Blockchain, NY Challenge to OCC Fintech Charter Continues, ICO Issuer Charged in Fraud Scheme

By Marc Powers, Robert A. Musiala, Veronica Reynolds and Joanna F. Wasick on July 31, 2020 Posted in Cryptocurrency, ICOs

In this issue: • Crypto-Focused Bank Approved in Wyoming, Initiatives Advance in Foreign Markets • US HHS Implements Blockchain; Clothing, Food and Shipping Platforms Expand • NY Challenges OCC Fintech Charter in 2nd Circuit, Fintech Report Covers First Half of 2020 • ICO Issuer Charged With Fraud in US, Chinese Police Arrest 27 for PlusToken … Continue Reading

Solutions Announced in Pharma, Energy and Food Industries, Digital Dollar Project Launches, France Approves Second ICO, Major Crypto AML Report Published

By Robert A. Musiala, Jordan R. Silversmith, Teresa Goody Guillén and Marc Powers on June 5, 2020 Posted in Blockchain, ICOs

In this issue: • Blockchain Solutions Launch in Pharma, Energy and Food Industries • Digital Dollar Project Launches, Cryptocurrency Focused Bank Receives Investment • French Regulator Approves ICO, New Token Standards Body Launches • DOJ and SEC Continue Prosecuting Crypto Crimes, CipherTrace Issues AML Report Blockchain Solutions Launch in Pharma, Energy and Food Industries By: … Continue Reading

Cryptocurrency Trading Firms Expand Services Through Acquisitions, Regulatory Approvals and Investments, SEC Charges ICO Issuer, Crypto Malware Attack Detected

By Robert A. Musiala, Jordan R. Silversmith and Joanna F. Wasick on May 29, 2020 Posted in Blockchain, Cryptocurrency, ICOs

In this issue: • U.S. Crypto Trading Firms Make Acquisitions Targeted at “Prime Brokerage” Services • FINRA Approves Blockchain ATS, Institutional Crypto Trading Firm Expands Reach • SEC Announces Charges and Consent Order Against Issuer of $25.5 Million ICO • Major Crypto Mining Malware Attack Detected U.S. Crypto Trading Firms Make Acquisitions Targeted at “Prime … Continue Reading

New US Exchange Launches, India Court Rules in Favor of Crypto Exchanges, OFAC Adds 20 Bitcoin Addresses, DOJ Charges Chinese Nationals for Crypto Money Laundering

By Robert A. Musiala, Veronica Reynolds, Jordan R. Silversmith and Teresa Goody Guillén on March 6, 2020 Posted in Bitcoin, ICOs, Securities & Exchange Commission

In this issue: • Exchanges Expand in US and Gibraltar; India Supreme Court Ruling Favors Industry • Crypto Custody Report Published, Power Plant Installs Mining Operation • 20 Bitcoin Addresses Added to OFAC List, DOJ Charges Detail $100 Million Crypto Hack • SEC Charges Actor Steven Seagal With Unlawful Touting of a Digital Asset Offering … Continue Reading

Blockchain 50 Published, Exchanges Expand Services, Enforcement Actions by SEC, CFTC and International Tax Authorities, Hacks Drive Losses

By Joanna F. Wasick, Jordan R. Silversmith and Brian P. Bartish on February 21, 2020 Posted in Enforcement, ICOs, Securities & Exchange Commission

In this issue: • Forbes Publishes Blockchain 50, Cryptocurrency Exchanges Expand Services • SEC Settles Charges Involving ICO, CFTC Takes Action Against Crypto Investment Firm • Dutch Tax Authorities Make Arrests, IRS Summit to Address Cryptocurrencies • Manipulation, Hacks and System Errors Lead to Losses for Cryptocurrency Users and Exchanges Forbes Publishes Blockchain 50, Cryptocurrency … Continue Reading

Foreign Regulators Issue Approvals and Guidance, SEC Enforcement Continues, Blockchain Trade Groups File Amicus Briefs, Reports Detail Terrorist Financing Risks

By Veronica Reynolds, Joanna F. Wasick, Teresa Goody Guillén and Simone O. Otenaike on January 24, 2020 Posted in Blockchain, ICOs, Securities & Exchange Commission

In this issue: • New Approvals From European and Thai Regulators, Canada and WEF Publish Guidance • SEC Targets ICOs, IRS Updates Crypto FAQs, UK Tax Agency Seeks Blockchain Analytics Tool • Chamber of Digital Commerce and Blockchain Association Weigh In on SEC v. Telegram • Reports Address Cryptocurrency Terrorist Financing Risks New Approvals From … Continue Reading

Blockchain Solutions Announced Across Industries, Crypto Threat Warnings Announced Across Agencies

By Jordan R. Silversmith and Veronica Reynolds on January 17, 2020 Posted in Food Supply Chain, ICOs, Securities & Exchange Commission

In this issue: • Blockchain Developments in Olive Oil, Shipping, Media and Real Estate • Warnings on SIM Swapping and IEOs, New Research on Crypto Money Laundering Blockchain Developments in Olive Oil, Shipping, Media and Real Estate By: Jordan R. Silversmith On Jan. 14, one of the largest producers of olive oil in the Mediterranean … Continue Reading

New Blockchain Patents, Crypto Mining Expands in US and Russia, French ICO Approved Under New Law, DOJ and INTERPOL Enforcement Actions

By Simone O. Otenaike, Joanna F. Wasick and Veronica Reynolds on January 10, 2020 Posted in Blockchain, ICOs, Patents

In this issue: • Patents Granted to Blockchain Payments Firms, Crypto Mining Expands in Texas and Russia • First ICO Is Approved Under New French Law, New Crypto Bill Is Introduced in US • DOJ Prosecutes Crypto Dark Markets, INTERPOL Fights Crypto Mining Malware • Lawsuit Alleges Legal Malpractice Related to Crypto-Assets Deemed Securities, SEC … Continue Reading

Blockchain Pilots Advance Across Manufacturing, Food, Pharma, Grant Management and Capital Markets Industries, Multiple Crypto Enforcement Actions in US

By Simone O. Otenaike, Robert A. Musiala, Veronica Reynolds and Joanna F. Wasick on December 20, 2019 Posted in Blockchain, Food Supply Chain, ICOs

In this issue: • Blockchain Solutions Advance in Manufacturing, Food, Pharma and Grant Management • Marco Polo Network Completes Pilot, Banks Make Crypto Moves, Bitcoin Futures Launch • Multiple US Enforcement Actions for ICOs, Dark Web Sales, Fraud and SIM Swapping • Reports Detail Crypto Hacks, Ransomware, Dark Markets and Crypto Fraud Schemes Blockchain Solutions … Continue Reading

Ethereum Fork Successful, Solutions Target Sneakers and Browsers, EU and NY Consider Regulations, Enforcement Actions Continue

By Joanna F. Wasick, Marc Powers, Simone O. Otenaike and Veronica Reynolds on December 13, 2019 Posted in Enforcement, ICOs, Securities & Exchange Commission

In this issue: • Ethereum Fork Implemented, Exchanges Expand Services, New Bitcoin Network Data • Enterprise Developments in Sneakers, Browsers, Copyrights and Private-Public Blockchain Integration • EU and NY Consider New Crypto Regulations, AML Report Published and Tools Debut • Enforcement Actions Target ICO Fraud and Ponzi Schemes, Assets Retrieved From Hacked Exchange Ethereum Fork … Continue Reading

UNICEF Launches Crypto Fund, Class Action Alleges Price Manipulation, US Enforcement Continues, More Ransomware and Hacks

By Joanna F. Wasick, Simone O. Otenaike, Veronica Reynolds and Robert A. Musiala on October 11, 2019 Posted in Blockchain, Cryptocurrency, ICOs

In this issue: • Crypto and Blockchain Capital Markets News From UNICEF, Europe and Hong Kong • Blockchain and Cryptocurrency Payment Applications Introduced Across Jurisdictions • Class-Action Suit Filed Against Bitfinex/Tether, US Enforcement Actions Continue • Incidents of Ransomware, Cryptocurrency Hacks and Malware Continue Crypto and Blockchain Capital Markets News From UNICEF, Europe and Hong … Continue Reading

Invoices Paid on Ethereum, FINRA Application Approved, SEC/ICO Enforcement, Industry Launches Compliance Initiative

By Robert A. Musiala, Brian P. Bartish, Veronica Reynolds and Jonathan D. Blattmachr on October 4, 2019 Posted in ICOs, Securities & Exchange Commission

In this issue: • Smart Contracts Deployed by Icelandic Retailer, Blockchain for Sneakers and DHS • Cryptocurrency Service Providers Target Mainstream Investors, FINRA Application Approved • SEC, DOJ and State Agency Enforcement Actions for ICOs and Crypto Fraud Schemes • Regulatory Problems and Solutions in the Cryptocurrency and Digital Asset Arena Smart Contracts Deployed by … Continue Reading

Interbank Settlement Initiative and Crypto Payment Solutions Expand, SEC and International Enforcement Actions Continue

By Robert A. Musiala, Marc Powers and Joanna F. Wasick on September 20, 2019 Posted in Cryptocurrency, ICOs, Securities & Exchange Commission

In this issue: • Blockchain Developments in Interbank Settlement, Capital Markets, Cryptocurrency Payments • Multiple SEC Enforcement Actions, New Treasury Sanctions, More Crypto-Mining Malware Detected • International Crypto Developments: Tax, FATF Compliance, Enforcement Actions Blockchain Developments in Interbank Settlement, Capital Markets, Cryptocurrency Payments By: Robert A. Musiala Jr. According to reports this week, a major … Continue Reading

Blockchain Developments: Energy Grids, Automobiles, Stablecoins, International Regulations, SEC Enforcement

By Simone O. Otenaike, Jonathan D. Blattmachr, Robert A. Musiala and Joanna F. Wasick on September 6, 2019 Posted in Blockchain, ICOs, Securities & Exchange Commission

In this issue: • Blockchain Developments for Energy Grids, Automobiles, Enterprise Protocols • International Developments in Blockchain and Cryptocurrency Regulation • NY DFS Approves Gold-Backed Stablecoin, Financial Institutions Pursue Blockchain Pilots • SEC Settles Charges, Treasury Hears Testimony, Cryptojacking Report Released Blockchain Developments for Energy Grids, Automobiles, Enterprise Protocols By: Simone O. Otenaike Earlier this … Continue Reading

Blockchain Financial and Capital Markets Initiatives, U.S. Enforcement Across Agencies, Ethereum Vulnerability Paper Published

By Simone O. Otenaike, Robert A. Musiala, Joanna F. Wasick and Diana Stern on August 23, 2019 Posted in Blockchain, Cryptocurrency, ICOs

In this issue: • Blockchain Capital Markets Platforms Achieve and File for Regulatory Approvals • New Initiatives by Cryptocurrency Exchanges, Payment Platforms and Financial Institutions • U.S. Enforcement Actions Continue from OFAC, SEC, DoJ and IRS • Study of Ethereum Vulnerabilities and Defenses Released, While Dusting and Mining Malware Attacks and Cryptojacking Continue Blockchain Capital … Continue Reading

ICO Enforcement Actions, Applications for Wine and Web Browsers, AML Analyses

By Robert A. Musiala and Simone O. Otenaike on August 16, 2019 Posted in Blockchain, ICOs, Securities & Exchange Commission

In this issue: • Multiple ICO Enforcement Actions by SEC and State Regulators • Blockchain Applications for Enterprise Networks, Wine, Web Browsers and Drones • Blockchain Analytics Firms Publish Reports, Details Emerge on North Korea Investigation Multiple ICO Enforcement Actions by SEC and State Regulators By: Robert A. Musiala Jr. This week the U.S. Securities … Continue Reading

Blockchain Solutions Announced for Financial Services and Supply Chain, ICO Enforcement Actions Continue at State and Federal Levels

By Diana Stern, Simone O. Otenaike and Joanna F. Wasick on August 9, 2019 Posted in Food Supply Chain, ICOs, Patents

In this issue: • Blockchain Payment Solutions, Patents and Market Data Announced • Blockchain Supply Chain Pilots Announced Across Industries, New Studies Published • ICO Enforcement Actions Continue Amid Tax Bill, Senate Hearing and UN Report Blockchain Payment Solutions, Patents and Market Data Announced By: Diana J. Stern Late last week, a major U.S. financial … Continue Reading

Crypto and Blockchain Markets Signal Growth Amid Regulator Skepticism, Hacks and Sanctions Warnings

By Joanna F. Wasick, Diana Stern, Robert A. Musiala and Simone O. Otenaike on July 19, 2019 Posted in Bitcoin, Blockchain, Cryptocurrency, ICOs

In this issue: • Cryptocurrency Exchanges Obtain New Licenses Across Globe Amid Market Growth • Corporations Continue New Blockchain Pilots, New Market Projections Released • Libra Faces Skepticism, Virtual Commodity Organization Launches, French Law Set to Take Effect • Exchange Hacked, Analysts Warn on Sanctions, Miners Targeted in Iran and China Cryptocurrency Exchanges Obtain New … Continue Reading

New Blockchain Solutions Debut Amid Enforcement Actions, New FinCEN Guidance and Warnings of ‘Blockchain Fatigue’

By Diana Stern, Brian P. Bartish and Simone O. Otenaike on May 17, 2019 Posted in Bitcoin, Blockchain, Capital Markets Offerings, ICOs

In this issue: • Blockchain Solutions for Supply Chain and Digital Identity Announced Despite Predictions of ‘Blockchain Fatigue’ • Blockchain Capital Markets Diversify Amid ICO Slumps; Regulators Issue New Warnings • FinCEN Issues Guidance, SIM Hackers Charged, Bitcoin Ransomware Traced to Sanctioned Countries Blockchain Solutions for Supply Chain and Digital Identity Announced Despite Predictions of … Continue Reading

Advancements in Blockchain-Powered Property Sales and Energy Grids; New Stablecoins, Payment Products and Enforcement Actions

By Robert A. Musiala, Simone O. Otenaike and Jordan R. Silversmith on April 12, 2019 Posted in Blockchain, Cryptocurrency, ICOs

In this issue: • Blockchain Property Records Trial Completed, Energy Grid Project Continues, New Patents Granted • New Stablecoins Announced, New BitLicense Granted, New Crypto Debit Card Launched • Blockchain Capital Markets Solutions Continue to Advance in US and Abroad • Cryptocurrency Enforcement Actions Continue in US and Asia Markets Blockchain Property Records Trial Completed, … Continue Reading

Blockchain Announcements Across Industries, Cryptocurrency Exchanges Receive Approvals, More Regulatory Actions, More Hacks and Crypto Malware Attacks

By Alexandra Royal, Joanna F. Wasick, Jordan R. Silversmith and Brian P. Bartish on March 29, 2019 Posted in Blockchain, Cryptocurrency, Enforcement, ICOs

In this issue: • Adoption of Blockchain Solutions Spreads Across Industries • New Cryptocurrency Exchanges Receive Approvals in US and Foreign Jurisdictions • Enforcement and Regulatory Actions by the US, FATF, Mexico, Finland and Switzerland • Hacking the Dragon; Lazarus Returns; and Other Cryptocurrency Threats Adoption of Blockchain Solutions Spreads Across Industries By: Alexandra Royal … Continue Reading