With the massive explosion in interest in the use of non-fungible tokens (“NFTs”), purveyors are always looking for new avenues and areas to utilize NFTs. NFTs are being integrated into
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Cryptocurrency
NFTs: A New Mechanism for Money Laundering… Uh Oh!
On February 4, 2022, the United States Treasury Department released a report that indicated non-fungible tokens (“NFTs”), currently, one of the trendiest cryptocurrency structures, may become a new avenue for …
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Uniform Money Transmitting Rules May Make It Easier for the Cryptocurrency Business
Money service businesses received a reprieve last week that will make cryptocurrency firms very happy since they will be able to more easily expand across the United States. The Conference…
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Sorry, No Picture of George or Abe, But Still Money
Recently, the United States District Court of the District of Columbia refused to dismiss money laundering charges against a defendant who was allegedly engaged in a darknet cryptocurrency scheme. See …
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Bitcoin Exchanges and the Cryptocurrency World Was Just Rocked
In an unexpected to say the least case of first impression, the United States Court of Appeals for the Fifth Circuit, essentially, blew away the privacy doors of the cryptocurrency…
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Fox Partner Kristen Howell Quoted on Security Tokens
Fox Partner Kristen Howell was, recently, quoted in a Law360 article on security tokens following the ICO collapse. https://www.law360.com/assetmanagement/articles/1162154/-security-tokens-slow-to-take-off-following-ico-collapse?nl_pk=5882ca7d-b76e-42a1-a1fe-eb96fcbcf60f&utm_source=newsletter&utm_medium=email&utm_campaign=assetmanagement.
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Cryptocurrency Fraud Is an International Issue
Way back in 2017, the SEC obtained an emergency asset freeze against an internet-based ICO involving certain Canadian residents, who had raised over $15 million on a variety of social…
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No Easy Out: Federal Judge Says Selling Digital Tokens May Violate Federal Securities Laws
Just this week, a United States District Judge for the Eastern District of New York told a defendant in a criminal case that he was out luck with the claim…
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Fox’s Kristen Howell at the Forefront of Bitcoin Developments
Recently, the SEC’s Director of Corporation Finance provided long overdue insight on cryptocurrencies. In particular, he indicated that Bitcoins, Etherium, and other such coins functioning on certain decentralized platforms are…
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