Wall Street Blockchain Alliance Legal Working Group Response to the SEC's April 2019 Digital Asset Guide

On April 3th, 2019 the US Securities and Exchange Commission staff released a "Statement on Framework for "Investment Contract" Analysis of Digital Assets" and the first no-action letter.

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NY Office of the Attorney General Alleges Bitfinex Engaged in $850 M Fraud

On April 25, 2019, the New York Office of the Attorney General (“OAG”) announced that it obtained a court order against the operators of Bitfinex[note]Here, “Bitfinex” refers to the online platform and is operators, iFinex Inc., BFXNA Inc., and BFXWW Inc.[/note] demanding the online digital asset exchange turn over a plethora of important documents related to […]

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THE APOTHEOSIS OF BLOCKHAIN

Blockchain technology, if you believe the hype, is going to revolutionize, well, everything.  In an effort to bring a little sobriety to the Blockchain party, Forbes last year identified ten industries in which Blockchain genuinely seemed likely to disrupt the status quo.  Banking, healthcare, and politics topped the list. Alas, Forbes failed to spot Blockchain’s […]

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