Fraud is endemic in the crypto markets as most participants and regulators are quick to admit, if they are honest, of course. “Rug pulls” are one form of fraud where an issuer of a given crypto-asset markets and sells the…
Decentralized Autonomous Organizations (DAOs) are a new entity type only beginning to take hold as a governance mechanism for a business venture or non-profit project. Thus far two states have a legal entity that may be formed as a DAO…
Recently a ‘Cease and Desist Order’ was issued against BlockFi by the securities bureau of New Jersey prohibiting any further business activity in that state for the illegal sale of unregistered securities which included its high interest paying crypto savings…
The conclusion seems obvious: if there is a threat to the mail-in voting system then a public system of tracking should be implemented to allow voters to track their ballots directly to the election authorities. This would provide an immeasurable…
The Securities & Exchange Commission (SEC), Financial Crimes Enforcement Network (FinCEN) and Commodity Futures Trading Commission (CFTC) have issued a joint statement that reminds certain parties of their continuing obligations under the Bank Secrecy Act (BSA) with respect to crypto…
Recent developments in firearms finding their way into the hands of criminals and mentally unstable individuals who have subsequently used such weapons during mass shooting sprees has raised many questions for which the solutions must weigh constitutionally enshrined and natural…
Since 1982 the SEC has instituted a regulatory scheme wherein only persons with $1mn in assets and $200k in earnings for 3 years would be permitted to invest in unregistered securities offerings. At that time only about 2% of the…
Initial Coin Offerings are well known by most to provide funding to a blockchain project before it is viable or at least before it is operational, while a reverse ICO is defined as the integration of a blockchain protocol into…
The Howey test involves an analysis of a given token offering to assess whether or not it should be treated as a ‘security’ under US securities laws and sold only to a certain pool of high net worth investors, or…