In the latest decision evaluating the application of federal securities laws to the digital asset context, Judge Jed S. Rakoff of the United States District Court for the Southern District of New York (“SDNY”) ruled in favor...more
8/23/2023
/ Cryptoassets ,
Digital Assets ,
Howey ,
Investment ,
Investment Contract ,
Liquidity ,
New York ,
Profits ,
Registration Requirement ,
Ripple ,
Securities ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Token Sales
On July 13, 2023, the United States District Court for the Southern District of New York (the “Court”) issued a major ruling in in a closely-followed lawsuit brought by the Securities and Exchange Commission (the “SEC”)...more