ARTICLE
22 March 2019

Court Changes Course In Enforcement Action Against Cryptocurrency Company

The United States District Court for the Southern District of California recently changed course in an enforcement action brought by the U.S. Securities and Exchange Commission against cryptocurrency company Blockvest.
United States Technology

The United States District Court for the Southern District of California recently changed course in an enforcement action brought by the U.S. Securities and Exchange Commission (SEC) against cryptocurrency company Blockvest, LLC and its founder. In doing so, the court granted the SEC's request to preliminarily enjoin the defendants from violating the securities laws and analyzed what exactly it means to "offer" securities in the context of crypto-tokens.

To review the full article on our FinTech Update blog, click here.

This article is presented for informational purposes only and is not intended to constitute legal advice.

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