Orrick, Herrington & Sutcliffe LLP | USA | 28 Jan 2019
Recently, the Staffs of the SEC and FINRA announced their annual examination and regulatory priorities: the SEC’s Office of Compliance, Inspections…
Orrick, Herrington & Sutcliffe LLP | USA | 23 Jan 2019
On December 20, 2018, Representatives Warren Davidson (R-Ohio) and Darren Soto (D-Fla) offered some early holiday hope to digital token issuers by…
Orrick, Herrington & Sutcliffe LLP | USA | 9 Jan 2019
The CFTC is giving the public an opportunity to influence its views as they relate to Ethereum, Ether or similar virtual currencies or projects. On…
Orrick, Herrington & Sutcliffe LLP | United Kingdom | 3 Jan 2019
On December 19, HM Revenue and Customs (“HMRC”), the UK’s counterpart to the US Treasury, published long-awaited (and arguably long overdue) guidance…
Orrick, Herrington & Sutcliffe LLP | USA | 17 Dec 2018
The Commodity Futures Trading Commission (CFTC) has joined other agencies in explaining the crypto-related products potentially within its…
Orrick, Herrington & Sutcliffe LLP | USA | 13 Dec 2018
We have said it in both part 1 and part 2 of this series: for a U.S. court to exercise its powers over a foreign defendant, it must have personal…
Orrick, Herrington & Sutcliffe LLP | USA | 10 Dec 2018
Despite evidence of egregious fraud in the marketing of tokens, a judge in the U.S. District Court for the Southern District of California recently…
Orrick, Herrington & Sutcliffe LLP | USA | 6 Dec 2018
Without personal jurisdiction over a defendant, a court cannot exercise its powers. And when it comes to non-U.S. companies who want to avoid being…
Orrick, Herrington & Sutcliffe LLP | USA | 28 Nov 2018
Following the 2017 ICO boom and the more recent declines in cryptocurrency prices, blockchain-related litigation has substantially increased. U.S…
Orrick, Herrington & Sutcliffe LLP | USA | 26 Nov 2018
A recent report (the “Report”) of the IRS Commissioner’s Information Reporting Advisory Committee (“IRPAC”) has identified the need for additional…