Daily Archives: August 23, 2018, 9:14 am

Tezos ICO Securities Suit Dismissal Motion Denial Addresses Key Threshold Issues | The D&O Diary

As I have previously noted, the dramatic recent rise in Initial Coin Offerings (ICOs) and in transactions involving cryptocurrencies generally has been accompanied by a number of securities class action lawsuits alleging, among other things, that the digital currencies’ issuers or sponsors failed to register the coins or tokens as securities with the SEC as required by the federal securities…

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Banker’s Phone Tapped in French Crackdown on Insider Trading – Bloomberg

Neither of them knew it, but police were listening to those November 2015 phone calls. French authorities had been seeking evidence in a sprawling inquiry into suspicious trades in more than a dozen securities, including ad agency Publicis Groupe, automaker Peugeot, and cement producer Lafarge. The investigation, France’s biggest-ever probe of insider trading, marks a major departure in a country…

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