Off the Blockchain+, February 20-27, 2023

Intro/Disclaimer: A few months ago 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. I believe eventually we are going to do monthly or bi-weekly posts on the award winning BitBlog summarizing the top stories with tl;dr breakdownsContinue reading “Off the Blockchain+, February 20-27, 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”

The DAO Bros vs. The Dow Jones

I previously wrote about the legality of Decentralized Autonomous Organizations (“DAOs”) and stated then the subject was way too complex to discuss in a single article. After a recent twitter spaces discussion I had (which is hosted every Tuesday at 4:00 EST by one of my favorite artists and decentralization maxi CΞdΞrKing) I figured itContinue reading “The DAO Bros vs. The Dow Jones”

DYOR On DAOs Or Be SOL

I get a lot of questions about the legality of Decentralized Autonomous Organizations (“DAOs”). Usually They come from community members who want a project they support to form a DAO, and that project team pushing back because of legality reasons. I will start by saying that if you are in a project which is hesitantContinue reading “DYOR On DAOs Or Be SOL”