It is likely that private plaintiffs and plaintiff firms will continue to bring lawsuits regarding ICOs, in particular if plaintiffs start to have some success in any of the already-filed lawsuits. Plaintiff firms are actively advertising that they are investigating potential claims related to certain ICOs and are urging investors in those ICOs to contact them to discuss filing suit. To the extent that any regulator decides to put restrictions on ICOs or decides that ICOs are securities, the industry can expect to see a deluge of lawsuits related to recent ICOs.
‘Enforcement 40’ for 2020
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