Tag Archives: Cryptocurrency

With Tax Day Looming, Don’t Overlook Reporting of Cryptocurrency Transactions

With the April 17 deadline for filing individual tax returns just around the corner, individuals who engaged in cryptocurrency transactions during 2017 must take care to properly report them on their tax returns. As we have previously reported, the IRS … Continue reading

Posted in Tax Law | Tagged , , , , , | Leave a comment

We Need to Talk About ICOs, Cryptocurrency, and Blockchain

I am sure that when most people think about the kind of organization that might engage in an Initial Coin Offering (ICO), they typically are thinking of a start-up venture — an enterprise trying to get off the ground. But … Continue reading

Posted in Insurance | Tagged , , , , , | Leave a comment

Massachusetts conducts cryptocurrency sweep, censures five companies

By Jay Fishman, J.D. The Massachusetts Securities Division, upon completing a sweep of unregistered cryptocurrency transactions, censured five companies and additionally ordered them to permanently desist from selling unregistered or non-exempt securities in the state. The companies, for failing to … Continue reading

Posted in Banking and Finance law | Tagged , , , , , , | Leave a comment

FTC temporarily halts four cryptocurrency chain referral schemes

On March 16, 2018, a federal US District Court judge in Florida unsealed a March 12, 2018, temporary restraining order he had granted at the request of the Federal Trade Commission (FTC) against four individuals and their companies, relating to … Continue reading

Posted in Banking and Finance law | Tagged , , , , , , | Leave a comment

FTC Obtains Injunction Halting Alleged Cryptocurrency Pyramid Scheme

It is perhaps not surprising that companies are already trying to make money (allegedly the unlawful way) from cryptocurrencies. Last week the FTC demonstrated that it can keep up with any marketplace trend when it succeeded in obtaining a federal … Continue reading

Posted in Advertising Law | Tagged , , , , , , | Leave a comment