Topic
Initial Coin Offering
397 published works
Virtual Currency Report
Update: The SEC and Digital Assets—A Busy Year End
By Keith Miller, Perkins Coie, Perkins Coie
Through their recent actions and statements, the Securities and Exchange Commission (SEC) has further clarified their position with respect to digital assets and ICOs. Following on from earlier enforcement efforts…
The D&O Diary
Guest Post: Five Hidden Takeaways from the Khaled and Mayweather SEC Orders
[caption id="attachment_16885" align="alignleft" width="239"] John Reed Stark[/caption] On November 29, 2018, the SEC announced that it had settled charges with boxer Floyd Mayweather Jr. and music producer DJ Khaled for…
Ad Law Access
SEC KOs Mayweather and DJ Khaled for Promoting Cryptocurrency Without Disclosures
About a year ago, the SEC issued a warning to celebrities and social influencers who promoted Initial Coin Offerings (ICOs) on social media, noting that such promoters are subject to…
Virtual Currency Report
Blockchain Week in Review: Week of December 3-7, 2018
By Perkins Coie
U.S. Developments SEC Remarks on International Virtual Currency Enforcement On December 5, 2018, Steven Peikin, Co-Director of the Division of Enforcement at the U.S. Securities and Exchange Commission (“SEC”), gave…
All About Advertising Law
All I Do is Win, Win, Win?: SEC Settles Charges with Floyd Mayweather and DJ Khaled
By Kathleen K. Sheridan, Michael S. Blume
In the iconic words of DJ Khaled: "Another one." That's right, folks. Another round of celebrities have fallen on the wrong side of the federal government's enforcement of its advertising…
The Securities Edge
SEC gets tough on cryptocurrency promotions
The SEC recently settled charges against two prominent celebrities in connection with the promotion of initial coin offerings. Boxer Floyd Mayweather Jr. and music producer and social media star DJ…
Blockchain + The Law
ICOs the New IPO? SEC Enforcement and When an ICO is a “Securities Offering”
Traditionally, a company seeking to raise capital might do so by conducting an initial public offering (IPO), and investors participating in the IPO would obtain an ownership stake in the…
Cleary Cybersecurity and Privacy Watch
California District Court Denies SEC Preliminary Injunction in ICO Case, Says Tokens’ Status As Securities Is Question of Fact
By Alexis Collins, Anne Titus Hilby, Jim Wintering
On November 28, 2018, Judge Gonzalo P. Curiel of the U.S. District Court for the Southern District of California denied the U.S. Securities and Exchange Commission’s motion for a preliminary…
Blockchain and the Law
Airfox and Paragon Settle with SEC for Unregistered ICOs: Civil Monetary Penalties Imposed; Rescission and Registration Required
On November 16, the SEC announced that it settled charges against CarrierEQ, Inc. (“Airfox”) and Paragon Coin, Inc. (“Paragon”) for securities offering registration violations in connection with their respective initial…
Blockchain and the Law
First Punch: Floyd Mayweather and DJ Khaled Settle with SEC Over Unlawful Touting of ICOs
The SEC recently announced its settlement of charges against boxer Floyd Mayweather and producer DJ Khaled for their failure to disclose payments they received for promoting Initial Coin Offerings (ICOs) on their social media…