Daily Archives: January 26, 2018, 6:37 pm

Beware ICO Lawyers: As Regulatory Gatekeepers, You’re the Next SEC Target | LinkedIn

Under any circumstance, by allowing their ICO clients to peddle unlawful securities and violate a broad range of securities laws, lawyers are failing in their role as gatekeepers. Moreover, by providing the kind of legal advice that can land a client into the SEC’s crosshairs, or even worse, into the crosshairs of criminal investigators and prosecutors, lawyers risk more than just…

Read More

As Predicted, Another Cryptocurrency-Related Securities Suit | The D&O Diary

As if to prove my point, on January 24, 2018, plaintiffs filed yet another cytptocurrency-related lawsuit in the Southern District of Florida. The complaint, which can be found here, was filed on behalf of a class of persons who invested in cryptocurrencies with BitConnnect, a U.K. company that promised traders outsized-returns of up to 40% per month and minimum 1%…

Read More