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…
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 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…
A great deal of confusion exists as to the gauntlet of US securities laws with respect to alt-coins or crypto tokens issued through initial coin or token offerings. At its most basic a utility token may be described as a…