Daphne Morduchowitz Puya Partow Navid

Daphne Morduchowitz Puya Partow Navid

September 13, 2023 | New York Law Journal

When is a Crypto Sale an Unregistered Securities Offering? Two SDNY Decisions Provide Conflicting Guidance

The cryptocurrency industry and its watchers are as keen as ever on gaining clear guidance on when, and how, the sale of a digital asset constitutes an unregistered securities offering. However, two recent SDNY cases considered this question and reached differing conclusions.

By Daphne Morduchowitz, Puya Partow-Navid and Matthew Catalano

7 minute read