U.S. Securities and Exchange Commission seal in Washington. Photo: Diego M. Radzinschi/ALM SEC's Enforcement Action Adds Complexity, Uncertainty to Crypto Industry, Attorneys Say
"Lawyers are giving clients the best advice at the moment without the benefit of a crystal ball," said regulatory attorney Lara Gatz.
August 31, 2023 at 06:05 PM
4 minute read
The U.S. Securities and Exchange Commission's now-settled claim that a media company raised nearly $30 million through unregistered crypto asset securities has added complexity and fomented uncertainty regarding the advice attorneys can provide clients regarding the regulatory landscape for non-fungible tokens.
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