Crypto currency continues to be a focus for SEC Enforcement. Last week the agency filed two settled ICO cases, setting the standard for settlement of unregistered offerings in the wake of the DAO Report. This week agency filed its first…
Crypto currency continues to be a focus for SEC Enforcement. Last week the agency filed two settled ICO cases, setting the standard for settlement of unregistered offerings in the wake of the DAO Report. This week agency filed its first…
The Commission has frequently reiterated its view that initial coin offerings or ICOs may involve the sale of securities in the form of an investment contract based on the traditional Howey analysis. Early cases such as Munchee, settled in December…