Blockchain and the Law

Anthony M. Drenzek

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Regulatory Scrutiny of the ICO Market – What Fund Managers Should Know

By Anthony M. Drenzek, Brian A. Hooven and Joshua M. Newville on Posted in Cryptocurrencies, Enforcement Action, Initial Coin Offerings, Regulation: Federal, SEC, Securities
Last week, former CFTC Chairman Gary Gensler explained in remarks at M.I.T. that he believes the second and third most widely used virtual currencies—Ether and Ripple—may have been issued and traded in violation of securities regulations.  This comes on the heels of a crackdown on cryptocurrency-related securities by the SEC, which is particularly focused on … Continue Reading
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