A recent SEC vs. Binance decision provided important clarifications into how securities laws apply to the cryptocurrency industry. #ICYMI Michael Dicke, Jennifer Bretan, David Feder, and Rebecca Matsumura examined the ruling, highlighting some significant legal milestones for the crypto industry: ✅Rejecting the SEC's "ecosystem" theory ✅Citing Ripple to reject failure-to-register claims on secondary sales Missed their insight? Click here to get Fenwick alerts in real time: https://bit.ly/3W4IONG #Crypto #SEC #Regulatory
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On Friday, 28 June 2024 between 12:00pm - 1:00 pm, our webinar Seizing and Selling Crypto Assets in Civil and Commercial Disputes is taking place - and you can attend for free! As digital assets continue to reshape the global economy, examining the complexities of cryptocurrency within legal conflicts is essential. Led by our industry experts, this session will cover the nuances of seizing and liquidating crypto assets and the best practices to ensure fair and efficient resolutions in litigation scenarios. Register to attend for free - https://lnkd.in/egCvGBMC View the webinar details - https://lnkd.in/eveDje-x Julie Metois, Stephen O' Connor, Dan Sutch, Simon Mills #Disputes #Arbitration #TL4 #Crypto #CommercialDisputes
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The U.S. Securities and Exchange Commission has charged the audit firm of collapsed cryptocurrency exchange FTX with misconduct, because it did not understand the crypto market. https://lnkd.in/gHAJPMhH It seems like common sense that auditors should understand what they audit. It is a big lesson learned both for audit firms and buyers relying on "audits". Thanks to Financial Times and Stephen Foley #crypto #accountability #financialaudits #audits
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Today's the day!! Our Chief Product Officer, Ashley Pope and Natasha Powell, our Chief Compliance Officer, join Jordan Alexander, Chief Strategy Officer of Crystal, for a webinar covering the impact of the new landscape on compliance teams in the industry Register here: https://lnkd.in/etfJycPN The expert panel will be discussing the effects on the global regulatory landscape of the developments in the global cryptocurrency market and the recent SEC approval of several ETP shares for listing and trading #compliance #regulation #SEC #crypto #cryptocompliance
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Augmented Intelligence Crypto Advisory and Virtual Asset Investigations. Crypto and Financial Markets Litigation Expert.
A few thoughts on Judge Amy Jackson’s June 28 decision with respect to Motion to Dismiss in the SEC v Binance litigation and why it is important for the crypto industry (https://lnkd.in/eXAVyDZG). When you focus solely on the issue of whether a cryptocurrency is a security or not, the Court ruling paints a picture of an uphill battle for Binance, while at the same time containing a silver lining for the exchange and the crypto industry in the form of the dismissal of the SEC’s claims that (1) secondary sales of BNB represent sales of securities, and (2) reserve-backed stablecoin BUSD is an investment contract. #cryptoregulation #cryptolitigation #SEC #Binance #Howey
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Great dad | Inspired Risk Management and Security Profesional | Cybersecurity | Leveraging Data Science & Analytics My posts and comments are my personal views and perspectives but not those of my employer
👀 Important warning by the FBI Cyber Division Ensure you perform due diligence when choosing cryptocurrency services. 1️⃣ Make sure they are licensed 2️⃣ Research and verify reviews 3️⃣ Constantly monitor the news and reputation of these services. ⚠️ Do not get blinded by reports or promises of huge profits. Please check with a Financial Advisor prior to investing or putting your money on any financial services. If any advisor wants to provide additional input, feel free to add comments 👇 Kudos to the #FBI for tracking and dismantling nefarious organizations hurting our economy or supporting criminal 👏 #cybersecurity #cryptocurrency #security #fraud #nsa #cisa
The #FBI warns against using unlicensed cryptocurrency services. Before using a financial service that transmits or exchanges money, check whether it is registered as a money-transmitting business with the U.S. Treasury Department. Using a financial service that purposely breaks the law may put you at risk of losing access to funds after law enforcement operations target those businesses. Read IC3's latest PSA on how to protect your finances here: https://lnkd.in/eyVwdD9F
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The #FBI warns against using unlicensed cryptocurrency services. Before using a financial service that transmits or exchanges money, check whether it is registered as a money-transmitting business with the U.S. Treasury Department. Using a financial service that purposely breaks the law may put you at risk of losing access to funds after law enforcement operations target those businesses. Read IC3's latest PSA on how to protect your finances here: https://lnkd.in/eyVwdD9F
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💬 Bloomberg analyst James Seyffart has provided insights into the SEC's meetings with cryptocurrency firms. He mentioned that during these meetings, representatives from both the corporate finance department and the trading and markets department were present. These interactions are indicative of the regulatory discussions taking place between the SEC and the cryptocurrency industry. 🏛️📊 #SEC #CryptocurrencyRegulation #BloombergAnalysis
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BBA Student | IMSciences '28 | Computer Science High School Graduate | Financial market enthusiast | Crypto
🚨 Breaking News: SEC Sues Consensys Over MetaMask Staking, Broker Allegations The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Consensys, alleging that MetaMask, its popular crypto wallet, acted as an unregistered securities broker. The SEC also claims that MetaMask's staking service violated securities laws. This legal action underscores the regulatory scrutiny facing the cryptocurrency industry and highlights the challenges for companies navigating the complex landscape of securities regulations. #Crypto #Blockchain #Regulation #SEC #MetaMask #Consensys #SecuritiesLaw
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Binance.US COO claims SEC lawsuit led to banks withdrawing support, strangling business ➡️ Read All : https://lnkd.in/ewuq2QKV Binance.US, the American subsidiary of the global cryptocurrency exchange Binance, experienced significant operational disruptions following legal challenges by the United States Securities and Exchange Commission... [...] #Binance #SEC #LegalChallenges #MoneyLaundering #CryptocurrencyInvestigation #Crypto #Exchanges #NBTC
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Litigation and enforcement will only heat up as the cryptocurrency and digital asset space grows and evolves. Get a lay of the land and arm yourself for what’s next at our quarterly crypto litigation webinar: https://ow.ly/IfFG30sGIJV
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