On February 1, 2021, the U.S. Securities and Exchange Commission (SEC) announced that it had brought charges against several individuals involved in an alleged scheme to induce investors to transfer more than $11 million to buy into an unregistered initial coin offering (ICO) of B2G tokens, which the SEC claimed was merely an elaborate sham. (SEC v. Krstic, No. 21-0529 (E.D.N.Y. Filed Feb. 1, 2021)). The complaint, filed in the Eastern District of New York, alleged that Kristijan Krstic (“Krstic”), John DeMarr (“DeMarr”), and Robin Enos (“Enos”) (collectively, “Defendants”) conspired, in violation of securities laws, to defraud over 460 investors of $11.4 million with promises of large returns on investments from its offerings, including for B2G tokens that the defendants claimed were genuine digital assets for a mining and trading platform.
Laura (Peterson) Addicott
Laura Addicott is an associate in the Corporate Department and a member of the Private Equity and Mergers & Acquisitions Groups.
Laura focuses her practice on domestic and cross-border mergers and acquisitions, joint ventures, recapitalizations, private equity investments and general corporate governance matters. Laura has represented clients across a variety of industries, including hospitality, real estate, health care, media, technology and entertainment.
Laura earned her J.D. from Columbia Law School and her M.F.A. in Theatre Management and Producing from the Columbia School of the Arts. While at Columbia, Laura was an editor on the Columbia Journal of Law and the Arts, served as a teaching assistant to Professor Timothy Wu, and worked as a legal intern at the Dramatists Guild and the Paley Center for Media.