Articles

Results 1 to 5 of 69


FinCEN Proposed Rule Would Subject Unhosted Wallets Participating in Virtual Currency Transactions to Enhanced Regulatory Requirements

USA - December 21 2020 On December 18, 2020, the Department of Treasury’s Financial Crimes Enforcement Network (FinCEN), issued a notice of proposed rulemaking (the…

Stephen A. Aschettino, Maria B. Earley, Trevor A. Levine, Christine T. Parker, Jeffrey D. Silberman

Telegram Abandons TON Blockchain

USA - May 22 2020 Earlier this month, Telegram Inc. announced that it was abandoning its development of the Telegram Open Network (TON). The move comes after the SEC…

Trevor A. Levine, Christine T. Parker

CFTC Issues Final Interpretation of “Actual Delivery” for Retail Commodity Transactions in Virtual Currency

USA - April 13 2020 On March 24, 2020, the Commodity Futures Trading Commission (CFTC) voted to unanimously approve its final interpretive guidance on the term “actual…

Patrick Kratzenstein, Trevor A. Levine, Peter Y. Malyshev, Christine T. Parker

SEC obtains preliminary injunctive relief against Telegram’s $1.7 billion token sale

USA - April 6 2020 On March 24, 2020, the United States District Court of the Southern District of New York granted the Securities and Exchange Commission (SEC)…

Patrick Kratzenstein, Trevor A. Levine, Christine T. Parker

COVID-19 and D&O insurance coverage: Have we seen this movie before?

USA - March 24 2020 Unlike past outbreaks of the SARS and H1N1 viruses, the COVID-19 virus is spawning securities and other shareholder litigation. At least two…

J. Andrew Moss, Emily Garrison, Carolyn H. Rosenberg