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September 15, 2023
On July 27, 2021, Stoner Cats 2, LLC (SC2) sold 10,320 non-fungible tokens called "Stoner Cats" (hereinafter "Stoner Cats NFTs" or the "NFTs"), then valued at around $8.2 million, to fund the production...
September 14, 2023
On January 3, 2022, the Commodity Futures Trading Commission (CFTC) announced an order against and settlement with Polymarket, a blockchain-enabled prediction market that allows users to "bet"...
September 13, 2023
The U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) recently released proposed regulations (REG-122793-19) pertaining to information reporting...
September 13, 2023
Since the beginning of 2023, 12 states – Arkansas, Georgia, Hawaii, Indiana, Iowa, Minnesota, Nevada, New Hampshire, North Dakota, South Dakota, Tennessee and Texas...
September 11, 2023
A developer and financial backers of a renowned decentralized finance protocol cannot be held liable to private litigants for the activities of unrelated bad actors that utilized the protocol...
September 8, 2023
The SEC continues to push its position that certain digital assets should be treated as securities that are subject to SEC rules and regulations.
September 8, 2023
The Blockchain Bi-Weekly presented by the Polsinelli Blockchain+ team is a rundown of some of the key stories in the Web3, blockchain and crypto ecosystems curated by our attorneys...
September 8, 2023
On August 29, 2023, a three-judge panel of the D.C. Circuit Court of Appeals unanimously sided with Grayscale in its long-running battle with the Securities and Exchange Commission ("SEC")...
September 8, 2023
Last week, the SEC filed its first ever enforcement action on non-fungible tokens, charging a media and entertainment company with conducting an unregistered sale of NFTs called "Founder's Keys."
September 7, 2023
Carrie Cohen was featured in the Tubi documentary Queen of Crypto, discussing the story of Ruja Ignatova...