Blockchain and the Law

Tag Archives: SMART CONTRACTS

In the Coming ‘Metaverse’, There May Be Excitement but There Certainly Will Be Legal Issues

By Jeffrey Neuburger and Jonathan Mollod on Posted in Blockchain Governance, Cryptocurrencies, Digital Assets, Licensing & Contractual Issues, Metaverse, NFTs, Privacy, Smart Contracts
The concept of the “metaverse” has garnered much press coverage of late, addressing such topics as the new appetite for metaverse investment opportunities, a recent virtual land boom, or just the promise of it all, where “crypto, gaming and capitalism collide.”  The term “metaverse,” which comes from Neal Stephenson’s 1992 science fiction novel “Snow Crash,” is generally used … Continue Reading

SEC Brings Charges against Allegedly Fraudulent Unregistered Decentralized Finance Project That Ran on the Ethereum Platform

By Karen J. Garnett on Posted in Enforcement Action, Ethereum, SEC, Securities, Smart Contracts, Token Sales
On August 6, 2021, the Securities and Exchange Commission (SEC) announced that it had charged two men, Gregory Keough and Derek Acree, and their company, Blockchain Credit Partners, doing business as DeFi Money Market (collectively, the “Respondents”), for unregistered sales of more than $30 million of securities using smart contracts and so-called “decentralized finance” (DeFi) … Continue Reading
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