Off the Blockchain+, August 28-September 4, 2023

Hopefully you all enjoyed your Labor Day weekend here in the states! This week, there were three major stories with the SEC bringing its first enforcement action against an NFT issuer, Grayscale winning its appeal against the SEC, and the SEC v. Coinbase judge issuing an important ruling in the separate UniSwap case she wasContinue reading “Off the Blockchain+, August 28-September 4, 2023”

Off the Blockchain+, July 10-17, 2023

Intro/Disclaimer: In late 2022 I started preparing updates for the attorneys at my firm practicing in the Web3 space regarding what legal stories people were talking about the prior week. The firm has started turning these into bi-weekly posts on the award winning BitBlog summarizing the top stories with tl;dr breakdowns on the stories’ importanceContinue reading “Off the Blockchain+, July 10-17, 2023”

Wakanda Test for Digital Asset Classifications

With the dueling summary judgment motions filed by Ripple and the SEC in SEC v. Ripple Labs, Inc., et al, Case No. 20-CV-10832 (S.D.N.Y. ), it is time once again to revisit the hot topic of the Howey test and its application to digital assets. There has been lots of talk of what constitutes “sufficientContinue reading “Wakanda Test for Digital Asset Classifications”

Check Your Privilege- Legally

For anybody not following along with the SEC vs. Ripple ($XRP) litigation, there was a semi-recent ruling requiring production of potentially privileged advice from Ripple’s legal counsel regarding securities issues central to the case. This was a huge ruling, and could be very harmful to Ripple depending on what is in those documents. There haveContinue reading “Check Your Privilege- Legally”