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Keeping Up with the Lawsuits: Celebrity Endorsers, Crypto Ads, and the Evolving Liability Landscape

The overlap of social media, celebrity endorsement, and cryptocurrency have long been viewed as a potential breeding ground for regulatory and litigation liability. The proliferation of cryptocurrency and the lack of...more

The First FTX Lawsuit – Class Action Crypto

On November 15, 2022, the CEO of FTX and various alleged celebrity endorsers were sued in Florida federal court by Edwin Garrison, an FTX investor. In the complaint, Garrison alleges that FTX engaged in the unlawful sale of a...more

Proposed Legislation in New York Could Reduce State’s Carbon Footprint, But May Present New Challenges For Cryptocurrency Miners

There are two major mechanisms in place to verify new cryptocurrency transactions and add them to the blockchain. Proof of Work - The first cryptocurrency method to be created was the “proof of work” system. Under the...more

NFTs as Commodities: Proposed Senate Bill Signals Regulatory Guidelines

In the rapidly moving world of digital assets, specifically non-fungible tokens (NFTs), we begin to gain some clarity on their future. Creators and regulators alike have speculated about when and how NFTs will be regulated. A...more

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