NEXT
Sign in to follow

New York Law Journal

Beware, Crypto Exchanges: The SEC Has Its Eyes on You!

Regulation by enforcement continues, but SEC enforcement actions are now being brought against exchanges without evidence of fraud or wrongdoing. Is the SEC overstepping its regulatory oversight of digital assets?
8 minute read

The Recorder

Sam Bankman-Fried Sues Insurer to Cover Defense Costs in New York Criminal Trial, Other Litigation

According to a complaint filed in the Northern District of California federal court, an insurance company must pay for his legal defense "without regard to whether payments may exhaust the policy limit."
3 minute read

Delaware Business Court Insider

Coinbase Accused of Leaving Retail Customers 'Highly Susceptible' to Bankruptcy

The lawsuits also aim to hold Coinbase accountable for not having systems in place that would have prevented widespread money laundering by its customers.
3 minute read

New York Law Journal

Bankman-Fried Trial Judge Orders FTX Founder to Stay in Federal Lockup

U.S. District Judge Lewis Kaplan found that the MDC has made "extraordinary accommodations" to allow Bankman-Fried to assist in his own defense from jail. He also said he was "wondering more" if the ex-crypto entrepreneur could be a flight risk.
3 minute read

Delaware Business Court Insider

NFT Venture Split With Warring Allegations of Extortion, 'Megalomaniacal Thirst for Control'

"He was supposed to be their partner, but instead is a schemer and fraudster," stated the Delaware filing, which brings 14 claims including those citing fraud and breaching collective venture agreements.
3 minute read

New York Law Journal

Crypto, the SEC and a Tale of Two Judges

What if you had been waiting years to get judicial clarity on a legal issue, only to receive contradictory rulings from two different judges in the same court just weeks apart? This ironic outcome is what befell the crypto industry in two high-profile challenges to SEC enforcement actions regarding sales of crypto tokens.
22 minute read

New York Law Journal

Brooklyn DA Launches Virtual Currency Unit to Combat Crypto Fraud

The standalone unit is set to be led by Alona Katz, who is joining the Brooklyn DA's office from the Manhattan DA's office.
2 minute read

Legaltech News

Generative AI Captured Lawyers' Attention. But What Ever Happened to Blockchain?

While blockchain-related law firm practices are still expanding, blockchain may have lost some of its development potential in the eyes of some lawyers.
4 minute read

Litigation Daily

Preparing a Positive Message About DeFi for Judges and Juries

Baker McKenzie's Bradford Newman says with U.S. courts acting as de facto regulators on issues relating to decentralized finance, or DeFi, defense lawyers need to gear their approach to telling the industry's story to judges and juries.
10 minute read

New York Law Journal

The Next Big Case in the Crypto Wars

In his Corporate Securities column, Professor John Coffee discusses how in two SDNY decisions, each decided in July 2023, two respected judges have disagreed as to whether certain cryptocurrency instruments amount to securities.
9 minute read

TRENDING STORIES

Law Pro Logo

Featured Firms

Law Offices of Gary Martin Hays & Associates, P.C.

(470) 294-1674

Law Offices of Mark E. Salomone

(857) 444-6468

Smith & Hassler

(713) 739-1250

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

Resources

  • Yearly Roundup: Strategic Insights for Law Firm Decision Making

    Brought to you by CARET Legal

    Download Now

  • Lex Machina Contracts: Commercial Litigation Report 2024

    Brought to you by LexisNexis®

    Download Now

  • White Collar Investigation Practice: Global Expertise in Complex Investigations

    Brought to you by HaystackID

    Download Now

  • Criminal Division's Evaluation of Corporate Compliance Programs: September 2024 Updates Review

    Brought to you by NAVEX Global

    Download Now