Tag Archives: ICOs

Understanding ICOs: In Code We (Shouldn’t) Trust?

Shaanan Cohney, David A. Hoffman, Jeremy Sklaroff, & David A. Wishnick, Coin-Operated Capitalism, Columbia L. Rev. (forthcoming 2019), available at SSRN. Saule T. Omarova So-called “initial coin offerings,” or ICOs, are the new IPOs. In the last two years, ICOs … Continue reading

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Guest Post: Judge Reverses Blockvest Decision: ICOs are Securities

John Reed Stark In a February 14, 2019 order, Southern District of California Judge Gonzalo Curiel entered an order reversing his earlier decision on the same issue and concluding that the digital tokens offered by cryptocurrency company Blockvest LLC represented … Continue reading

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SEC charges Floyd Mayweather, DJ Khaled for promoting ICOs without disclosing payments

Athletes need legal representation.  One call to my office could have avoided all of this.—https://www.cnbc.com/2018/11/29/sec-charges-floyd-mayweather-dj-khaled-for-promoting-icos-without-disclosing-payments.html—Mark Astarita represented investors, brokers and issuers in their securities regulatory and litigation matters, including SEC and FINRA proceedings, arbitrations, and due diligence in connection with … Continue reading

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ICOs – Airfox and Paragon Coin Settle SEC Charges

ICO Issuers CarrierEQ (Airfox) and Paragon Coin Inc. reportedly agree to Register Tokens as Securities  According to a press announcement on November 16, 2018, the Securities and Exchange Commission announced that it has reportedly settled charges against two companies, CarrierEQ … Continue reading

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Not All ICOs are Securities Offerings

William Hinman, Director for the Division of Corporation Finance of the U.S. Securities and Exchange Commission (the “SEC”), delivered a speech on June 14, 2018, that is helpful in defining the U.S. regulatory framework surrounding digital assets. For promoters, investors, … Continue reading

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