Tag Archives: ICOs

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

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

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

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 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

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

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

Cryptocurrency and Blockchain Applications Gain Adoption, Enforcement Actions Continue

By Diana Stern, Joanna F. Wasick and Marc Powers on May 31, 2019 Posted in Blockchain, Cryptocurrency

In this issue: • Established Firms Implement Cryptocurrency Payments, Blockchain Tracking and Data Management Systems • Unlicensed Money Transmitter Sentenced, P2P Exchange Retreats From Iran and a Benevolent 51% Attack • SEC Enforcement Actions Continue as New Cryptocurrency-Based Assets Launch Established Firms Implement Cryptocurrency Payments, Blockchain Tracking and Data Management Systems By: Diana J. Stern … 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 Developments: Supply Chain, IDs, Financial Products, UN Warnings, Regulator Actions

By Robert A. Musiala, Simone O. Otenaike, Brian P. Bartish and Joanna F. Wasick on March 15, 2019 Posted in Banking, Blockchain, Global, ICOs

In this issue: • New Blockchain Solutions Seek to Secure Tuna, Ports, Identity and Communications • Institutional Crypto Products and Blockchain Infrastructure Pilots Announced • Crypto Regulators Display Flexibility, Enforcement Agencies Flex Muscle • UN Addresses North Korea Crypto Hacks, Storage and Stablecoin Vulnerabilities Reported New Blockchain Solutions Seek to Secure Tuna, Ports, Identity and … Continue Reading

Blockchain Pilots Announced, Global Laws Evolve, Exchanges and Payment Processors Make News, Enforcement and Threats Continue

By Robert A. Musiala, Alexandra Royal, Simone O. Otenaike, Joanna F. Wasick and Brian P. Bartish on March 1, 2019 Posted in Bitcoin, Blockchain, Cryptocurrency, ICOs, Tax

In this issue: • New Blockchain Projects Announced in Supply Chain and Digital Identity • Blockchain Legal Frameworks Continue to Evolve in the US and Abroad • Headlines From Bitcoin Payment Processors, Decentralized Exchanges and Tokenized Real Estate • More Guidance on ICO Tokens as Securities, Crypto Fraud and Hacked Bitcoins Returned • Cryptocurrency-Related Crime … Continue Reading

Supply Chain Pilots Advance, Bitcoin Decentralization Improves, Hacks Continue, Foreign Regulations Evolve

By Nicholas C. Mowbray, Diana Stern, Robert A. Musiala, Simone O. Otenaike and Brian P. Bartish on February 8, 2019 Posted in Blockchain, Cybersecurity

In this issue: • Blockchain Pilots for Supply Chain and Land Titles, Improved Analytics, and Decentralization • Blockchain Capital Markets Initiatives Continue Across the Globe • Canadian Exchange Claims Lost ‘Cold Storage’ Funds Amid Fraud Allegations • Scams, Hacks and Illicit Financing: Blockchain Threats Continue to Abound • SIM Swapping Hackers Convicted, Philippines Introduces New … Continue Reading

A Bid for a US Publicly Traded Crypto Exchange, Institutional Investments, International Regulatory and Enforcement Actions

By Emily R. Fedeles, Robert A. Musiala, Jonathan D. Blattmachr and Brian P. Bartish on January 25, 2019 Posted in Blockchain, Cryptocurrency, ICOs

In this issue: • 2018 Cryptocurrency Recap, Developments in Cryptocurrency Exchanges and Payment Providers • New Blockchain Capital Markets Platforms Announced With Institutional Investment • Are Crypto Regulations Getting Tighter or Looser? Depends About Where You’re Asking • The Curious Case of Cryptopia, and Updates on Threats and Enforcement Actions 2018 Cryptocurrency Recap, Developments in … Continue Reading

Studies Analyze Cryptocurrency Market, New Announcements in Payments, Enterprise and Threats

By Robert A. Musiala, Shea M. Leitch, Simone O. Otenaike, Nicholas C. Mowbray, Heather K. P. Fincher and Roger M. Brown on December 21, 2018 Posted in Capital Markets Offerings, Cryptocurrency, Enterprise

In this issue: • Multiple Studies Analyze Recent Cryptocurrency Market Trends • Stablecoins, “Trading Pairs” and Other Developments in Cryptocurrency Payments • Threat Update: Ransomware, Crypto-mining Malware, BTMs and ICO Fraud Schemes • Blockchain Enterprise Developments in France, Spain and South Korea • UK Issues Cryptocurrency Guidance; US Issues Remain • Monetizing Positions in Cryptoassets … Continue Reading

Blockchain Patents and Patient Data Pilots, Capital Markets Movements, Mining Malware, and More

By Jonathan D. Blattmachr, Simone O. Otenaike, Brian P. Bartish and Robert A. Musiala on December 7, 2018 Posted in Blockchain, Cryptocurrency, Enterprise, Food Supply Chain

In this issue: • Blockchain Enterprise Developments in Food Supply Chain, Patient Data, Patents, Mobile Devices and More • Regulation, Investment and a Bad Week for Bitcoin: Blockchain and Cryptocurrency Capital Markets Developments • Global Regulatory Consensus Beginning to Take Shape; Cryptocurrency Mining Malware Evolves Blockchain Enterprise Developments in Food Supply Chain, Patient Data, Patents, … Continue Reading

SEC Launches FinHub, FATF Publishes Guidance, Futures and Stablecoin Markets Mature

By Taylor Thompson, Jonathan D. Blattmachr and Joanna F. Wasick on October 26, 2018 Posted in Capital Markets Offerings, ICOs, Securities & Exchange Commission

In this issue: • SEC Launches FinHub, FATF Revises Cryptocurrency Guidance • Capital Markets Developments in Futures, Stablecoins, Custody, ICOs • Blockchain Enterprise Developments for Gold, Ports, BaaS and Developers SEC Launches FinHub, FATF Revises Cryptocurrency Guidance By: Taylor Thompson On Oct. 18, the Securities and Exchange Commission (SEC) announced the creation of the Strategic … Continue Reading

Blockchain Applications for Enterprise and Payments Evolve, New Legislation Proposed, Mining Malware Surges and a Bitcoin Bug Is Fixed

By Robert A. Musiala, Jaime B. Petenko, Diana Stern, Heather K. P. Fincher and Brian P. Bartish on September 28, 2018 Posted in Blockchain, Cryptocurrency, ICOs

In this issue: • Blockchain Initiatives Pursue Solutions for Refugees, Voting, Smart Cities, Defense and Food Safety • Cryptocurrency Legal Developments: Tax, Proposed Legislation, AML and CFTC • Enforcement Actions Continue, Cryptomining Malware Surges, Token Values Fall • Blockchain Payments Products Advance, Investments Continue and a Bitcoin Bug Is Fixed Blockchain Initiatives Pursue Solutions for … Continue Reading

Hard for ICOs to Avoid US Courts: Personal Jurisdiction Found in Two Recent Securities Cases Over Foreign ICO Defendants

By Marc Powers and Jonathan A. Forman on September 27, 2018 Posted in ICOs

Over the past year, the plaintiffs’ bar and Securities and the Exchange Commission (SEC) have brought class and enforcement action proceedings, respectively, against those involved with the issuance and marketing of initial coin offerings (ICOs), including those located outside the United States. The proceedings involving foreign defendants present the interesting and threshold issue in these … Continue Reading

Blockchain Developments: NY AG Issues Report, Major Japanese Exchange Hacked, Global Attitudes Diverge and Use Cases for Social Good Emerge

By Diana Stern, Robert A. Musiala, Simone O. Otenaike and John C. McIlwee on September 21, 2018 Posted in Blockchain

In this issue: • New York Attorney General Issues Virtual Markets Integrity Initiative Report • Major Hack of Japanese Exchange, Multiple U.S. Enforcement Actions • Blockchain Capital Markets Solutions Advance, Global Regulations Diverge • Blockchain Use Cases for the Environment, Digital Identity and State Initiatives New York Attorney General Issues Virtual Markets Integrity Initiative Report … Continue Reading

Blockchain Capital Markets Offerings and Executive Attitudes Evolve, Threats Continue

By Jaime B. Petenko, Brian P. Bartish, Simone O. Otenaike and Robert A. Musiala on August 31, 2018 Posted in Blockchain, Capital Markets Offerings, ICOs

In this issue: • New Blockchain Trading Platforms and Capital Markets Offerings Announced • Blockchain Executive Surveys Released, More Pilots and Investments Announced • Update: Cryptocurrency Cybercrimes and ICO Enforcement Actions • John McAfee’s ‘Unhackable’ Cryptocurrency Wallet Hacked New Blockchain Trading Platforms and Capital Markets Offerings Announced By: Jaime B. Petenko Recently, it was reported … Continue Reading