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Court changes course in enforcement action against cryptocurrency company

By C. Neil Gray & Maxwell J. Eichenberger
March 13, 2019
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The United States District Court for the Southern District of California recently changed course in an enforcement action brought by the U.S. Securities and Exchange Commission (SEC) against cryptocurrency company Blockvest, LLC and its founder. In doing so, the court granted the SEC’s request to preliminarily enjoin the defendants from violating the securities laws and analyzed what exactly it means to “offer” securities in the context of crypto-tokens.

To review the full article on our FinTech Update blog, click here.

Photo of C. Neil Gray C. Neil Gray
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Photo of Maxwell J. Eichenberger Maxwell J. Eichenberger
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  • Posted in:
    Technology
  • Blog:
    Technology Law Dispatch
  • Organization:
    Reed Smith LLP
  • Article: View Original Source

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