SoluTech, which violated securities laws and misrepresented its revenue during the token sale, now must destroy all its tokens.
A key lawmaker in the California Assembly has proposed exempting some digital assets from the state’s definition of corporate securities.
A recent ruling stopping Telegram from distributing its cryptocurrency creates new legal peril for public blockchains, argues lawyer Josh Lawler.
Kik wants to depose top SEC officials, and expose that they were making it up as they went. But the SEC is having none of it.
The SEC should focus more on fraud prevention than if an asset is a security, as fraud can be committed with securities too, argues David Weisberger.
When is a token a security? It may not be so hard to understand, should users keep this decades-old allegorical tale in mind.