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July 29, 2023
Area residents are again asking county leaders to hear their community’s concerns.
October 21, 2021
A major U.S. cryptocurrency exchange recently disclosed its receipt of a Wells Notice from the SEC, which threatened charges for violating Section 5 of the Securities Act in connection...
October 20, 2021
A major U.S. cryptocurrency exchange recently disclosed its receipt of a Wells Notice from the SEC, which threatened charges for violating Section 5 of the Securities Act in connection...
July 30, 2021
To embed, copy and paste the code into your website or blog: The Traveling Wilburys famously noted “In Jersey, anythings legal as long as you dont get caught.”[1] Apparently the New Jersey Bureau of Securities (“Bureau”) disagrees. The Bureau issued a Summary Cease and Desist Order to BlockFi Inc. (“BlockFi”) on July 20, 2021, ordering the company to stop offering interest-bearing cryptocurrency[2] accounts to new customers in New Jersey. According to the Order, BlockFi, through its...
May 17, 2021
As if on cue, just as we were bidding adieu to a wave of class action lawsuits stemming from the initial coin offering (ICO) boom of 2017-2018, we see a class action complaint based on allegations that certain NFTs (non fungible tokens) are actually unregistered securities.