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The merits of the SEC Enforcement program cannot be assessed by numbers and statistics chronicling events like how many cases were filed or the total amount of dollars ordered in judgments. At least that is the claim frequently repeated by the agency and the Division of Enforcement. Yet various sources publish numbers about Division of […]
In the traditional financial world, assets are a claim on a specific property. For example, a commodity, shares in a company or a debt owed. Crypto assets, however, are not a claim on anything. What is bitcoin a claim to? Or ether? Instead, crypto assets are a form of proof. They are cryptographic proof that a […]