On August 30, 2023, in a case of first impression, the U.S. District Court for the Southern District of New York dismissed in full a putative securities class action against Uniswap Labs, a decentralized finance (“DeFi”)...more
9/15/2023
/ Blockchain ,
CFTC ,
Class Action ,
Crypto Exchanges ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
FinCEN ,
Investors ,
Popular ,
Regulatory Agenda ,
Regulatory Requirements ,
Securities ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Swap Trading
This week, the Department of Justice (DOJ) agreed to dismiss the last remaining counts of an insider trading case they charged against Robert Olan and others in 2017. After a split verdict at trial, multiple appeals, a...more
Back in August, we flagged that the U.S. Securities Exchange Commission’s (SEC) enforcement action against crypto influencers who promoted Forsage, a USD300 million crypto Ponzi scheme (link), demonstrated that the SEC would...more
The U.S. Securities Exchange Commission (SEC) has filed a lawsuit in federal court against 11 individuals, alleging securities violations related to a USD300 million crypto Ponzi scheme known as Forsage. ...more
On July 14 2022, when the U.S. House of Representatives passed the National Defense Authorization Act (NDAA) (H.R. 7900), it included an amendment (Sec. 5401) that would drastically expand U.S. anti-money laundering (AML)...more