As regulation of cryptocurrencies and Initial Coin Offerings heats up, greater attention is being put on every detail disclosed by those involved. Corporate Partner Daniel Livingston and I discuss recent court action against a corporate advisor for misleading and deceptive conduct, and why the involvement of lawyers at every stage of an ICO is essential.
After tweeting that he had secured funding to take Tesla private at $4.20 a share — subsequently found to be false — Tesla CEO and Chairman Elon Musk faced fraud charges from the US Securities and Exchange Commission. The former PayPal entrepreneur settled with the SEC two days later, agreeing to pay US$20 million and Continue Reading
Originally posted at: http://www.millsoakley.com.au/expect-the-uk-to-increase-regulatory-power-over-crypto/ UK parliamentary committee reported on cryptocurrency regulation in the UK earlier this week. Corporate Partner Daniel Livingston and I discuss the implications of the report and why the UK and Australia are still playing catch-up in the international cryptocurrency market. — It was reported to the UK parliament this week that sweeping Continue Reading