Topic
Initial Coin Offering
397 published works
Securities Law Prof Blog
New Securities Law Articles in Print
The following law review articles relating to securities regulation are now available in paper format:Robert P. Bartlett III & Justin McCrary, Subsidizing Liquidity with Wider Ticks: Evidence from the Tick…
Blockchain and the Law
SEC Brings Charges against Individuals Behind Allegedly Fraudulent Unregistered Digital Asset Securities Offering
By Jonathan Mollod, Laura Peterson
On February 1, 2021, the U.S. Securities and Exchange Commission (SEC) announced that it had brought charges against several individuals involved in an alleged scheme to induce investors to transfer…
SDNY Blog
Judge Stanton: Offering Virtual Currencies Via a Website Hosted on U.S. Servers Is Not Enough for Jurisdiction
In an opinion Friday, Judge Stanton dismissed, on jurisdictional grounds, a case accusing the promoters of an initial coin offering of fraud, because the plaintiffs’ transactions did not occur domestically,…
FinTech Update
Kik Settles Unregistered Token Sale for $5 Million
By Trevor A. Levine, Patrick Kratzenstein
On October 21, 2020, the United States District Court for the Southern District of New York (SDNY) entered a final judgment on consent against Kik Interactive Inc. (Kik) after the…
New York Venture Hub
“Kik” in the Butt: Court Decision Against Initial Coin Offering Could be Opportunity for Others
On October 21, 2020, the United States District Court for the Southern District of New York entered a final judgment on consent against Kik Interactive Inc. to resolve the Securities…
Securities Law Prof Blog
New Securities Law Articles in Print
The following law review articles relating to securities regulation are now available in paper format:Yifat Aran, Making Disclosure Work for Start-up Employees, 2019 Colum. Bus. L. Rev. 867 (2019).Barbara A.…
Blockchain Legal Resource
Judge Rules Kik’s ICO Violated Federal Securities Laws
In a closely-watched case, on September 30, 2020, federal judge Alvin Hellerstein ruled that Kik’s $100 million two-phase coin offering resulted in a sale of unregistered securities in violation of…
The Right Coast
John McAfee Arrested In Spain And Charged With Tax Evasion And Promoting Initial Coin Offerings | Zero Hedge
... on Monday the eccentric millionaire was arrested - this time for real - in Spain, where he is awaiting extradition to the US after he was charged with tax…
Cleary FinTech Update
SEC Issues Enforcement Action Against Unikrn, Inc. for its ICO, Prompting Rare Public Dissent from Commissioner Hester Peirce
By Alexis Collins, Colin D. Lloyd, Matthew C. Solomon, Zachary Baum, Jim Wintering
On September 15, 2020, the Securities and Exchange Commission issued a cease‑and‑desist order against Unikrn, Inc. concerning its 2017 initial coin offering of UnikoinGold . The SEC found that the…
Cleary Enforcement Watch
SEC Issues Enforcement Action Against Unikrn, Inc. for its ICO, Prompting Rare Public Dissent from Commissioner Hester Peirce
By Alexis Collins, Colin D. Lloyd, Matthew C. Solomon, Zachary Baum, Jim Wintering
On September 15, 2020, the Securities and Exchange Commission issued a cease‑and‑desist order against Unikrn, Inc. concerning its 2017 initial coin offering of UnikoinGold . The SEC found that the…