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…
William Hinman head of the Division of Corporate Finance at the SEC has today announced that the SEC does not consider Bitcoin (BTC) or Ethereum (ETC) to be securities subject to US securities laws. The reasoning provided by the SEC…
The Securities and Exchange Commission has taken an unprecedented step in creating a fake website which purports to raise funds for a hypothetical Initial Coin Offering venture. Apparently, it is designed to educate the ignorant masses regarding ICO scams; however,…
The unfortunate reality is that the crypto space is inundated with shady people, hype, empty promises, and dishonest marketing. This Firm deals regularly with due diligence reviews of various coin offerings and drafting of opinions regarding crypto projects, to include…
Mr. Belenky would like to extend a heartfelt “thank you” to all who came out to Miami this week to participate in the forum for knowledge and the burgeoning token market place, which will hopefully continue to grow at and…
To answer this question we must look at what securities are: generally speaking securities are debt or equity investments in a company wherein the investor puts up cash to obtain both voting control and a share of the profits whether…