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Proposed bipartisan legislation aims to clarify the crypto regulatory landscape

USA - June 13 2022 Senators Kirsten Gillibrand (D-NY) and Cynthia Lummis (R- WY) introduced new proposed legislation on June 7, 2022, which would classify the vast…

Michael Bahar, Brian Barrett, Andrea L. Gordon, Rachel M. May, Adam C. Pollet, Raymond A. Ramirez, Ian S. Shelton, Holly H. Smith, Mary Jane Wilson-Bilik

DOJ brings first-ever NFT “insider trading” case

USA - June 8 2022 The US Department of Justice (DOJ) and Federal Bureau of Investigation (FBI) has announced the unsealing of a first-of-its-kind indictment involving a…

Andrea L. Gordon, Brandi A. Taylor

Online marketplace challenged for alleged misstatements about NFTs

USA - May 23 2022 On May 13, 2022, a putative class action was filed in federal court against an online secondary marketplace that sells luxury goods (e.g., sneakers…

Andrea L. Gordon

Connecticut becomes the fifth state to enact a comprehensive data privacy law

USA - May 17 2022 Connecticut’s new consumer privacy law imposes enhanced privacy disclosures and assessment requirements on businesses, and provides consumer rights…

Michael Bahar, Janell R. Johnson, Jay P. Patel, Alexander F. L. Sand, Mary Jane Wilson-Bilik

DAO members may be jointly and severally liable for $55 million crypto theft

USA - May 10 2022 On May 2, 2022, a putative class action was filed against a decentralized autonomous organization (DAO) and its members seeking to recover $55…

Andrea L. Gordon, Adam C. Pollet, Dane N. Sowers, Brandi A. Taylor