‘Enforcement 40’ for 2020
Our Sponsors
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedInNYC Bar addresses Bitcoin as payment for legal services
The bottom line: accepting cryptocurrency as payment for legal services isn’t impermissible in New York, but it’s important to tread lightly and think through your options carefully prior to doing so. The good news is that if you’re a New York lawyer and have been pondering whether to accept Bitcoin as payment for legal services, […]
Bitcoin ‘Crypto-Casino’ is a Terrorist Playground: Ex-SEC Crime Czar
Bitcoin is a worthless sham that’s only useful for facilitating crime, and the public must be warned about the full spectrum of the crypto-sphere’s sleaziness. That’s the opinion of attorney John Reed Stark, a cybersecurity expert who worked for 20 years at the SEC’s enforcement division. via Bitcoin ‘Crypto-Casino’ is a Terrorist Playground: Ex-SEC Crime […]
The Bitcoin Plague Spreads to Retail | LinkedIn
Warren Buffett, perhaps the most celebrated investor ever known, refers to bitcoin as “rat poison squared.” I disagree. Bitcoin is worse than rat poison – it is more akin to the plague and mayhem that rats can spread if not properly contained. Now the bitcoin plague has spread to U.S. shopping malls. via The Bitcoin […]
SEC: Hester Peirce Says the Time for Approval is Now (2019) – Crypto Daily™
The United States Securities and Exchange Commission (SEC) is currently looking over three Bitcoin exchange-traded funds (ETFs). One of these ETFs was filed just last week in order to keep track of two cryptocurrencies. A commissioner from the SEC said at a Consensus conference on Monday that the time is right for a Bitcoin ETF […]
Whole Foods, Home Depot, Among Stores Now Taking Bitcoin | Fortune
Since its arrival ten years ago, cryptocurrency has struggled to enter mainstream commerce. This could soon change thanks to a new initiative, announced on Monday, that will reportedly see big name retailers—including Crate and Barrel, Nordstrom, and Amazon-owned Whole Foods—now accept Bitcoin and three other types of digital money. via Whole Foods, Home Depot, Among […]
After the Bust, Are Bitcoins More Like Tulip Mania or the Internet? – The New York Times
After following Bitcoin for several years, I think neither of these comparisons quite works. Bitcoin is neither an irredeemable flop nor an economic miracle. via After the Bust, Are Bitcoins More Like Tulip Mania or the Internet? – The New York Times.
Ohio Accepts Bitcoin for Tax Payments; In Other News, John Wick, Inc. Relocates to Cleveland | LinkedIn
Last week, bitcoin hit yet another milestone when Ohio began accepting bitcoin payments for taxes, the brainchild of its visionary State Treasurer, Josh Mandel, who apparently has ambitions to transform Ohio into a real-life version of John Wick’s Hotel Continental. Ohio’s accepting of bitcoin is a first for any U.S. government agency, and while perhaps a […]
Pay Taxes With Bitcoin? Ohio Says Sure – WSJ
Ohio appears set to become the first state to accept bitcoin for tax bills, a show of support for a technology that has garnered lots of hype but failed to gain traction as a form of payment. Beginning this week, Ohio businesses will be able to go to the website OhioCrypto.com and register to pay […]
A View from Virginia: Is It Ethical for Lawyers to Accept Bitcoins and Other Cryptocurrencies? – Slaw
Unless some serious security measures are built into Bitcoin, we wouldn’t recommend that you invest any serious wealth with the virtual currency. Certainly, some of the other virtual currencies are better protected than others, but you still might want to think long and hard about accepting Bitcoins or other cryptocurrency as lawyers. The bulk of […]
Bitcoin tumbles after report says Justice Department launching price-manipulation probe – MarketWatch
Digital currencies were pummeled Thursday, with bitcoin slipping below a psychologically significant level below $8,000. Bitcoin BTCUSD, -0.80% fell after Bloomberg reported that the Justice Department has launched a criminal investigation into potential price manipulation of bitcoin and other popular digital currencies. via Bitcoin tumbles after report says Justice Department launching price-manipulation probe – MarketWatch.