When is a Token More Than a Token? SEC Settlement over Anti-Touting Provision Raises Familiar Questions

Claud Mccoid

On July fourteen, 2021, the Securities and Exchange Fee (“SEC”) settled an motion towards the operator of a system that promoted current and upcoming digital token choices for violations of the anti-touting provision of the Securities Act of 1933. In the Make any difference of Blotics Ltd. f/d/b/a Coinschedule Ltd. (July fourteen, 2021). The SEC claimed that the main resource of earnings for the system operator, Coinschedule Ltd., was payment obtained from issuers that compensated to listing, sector, and charge…
By: Proskauer – Blockchain and the Law… Read More