Lost Your Investment In Cryptocurrency? There is a Remedy for That!

Whether you invested in a cryptocurrency venture that was a scam from the start or a failed venture chasing a “sure thing” for your valuable investment dollars, if you lost money investing in cryptocurrencies, digital tokens or other blockchain assets, you may have a solid remedy to seek a return of those lost funds. Offerings … Continue reading Lost Your Investment In Cryptocurrency? There is a Remedy for That!

Joint Chiefs of Global Tax Enforcement: The J5

The Internal Revenue Services (IRS) launched an international coalition to investigate transnational cryptocurrency tax crime and money laundering. The J5 is comprised of the government agencies from Australia, Canada, the Netherlands, the United Kingdom, as well as the IRS. The J5 states: "We are convinced that offshore structures and financial instruments, where used to commit tax … Continue reading Joint Chiefs of Global Tax Enforcement: The J5

Missed Our Webinar?

Michael Best Blockchain and Litigation Attorneys Evan Strassberg and Steven Joffee hosted a complementary webinar and discussed the actions regulatory bodies are taking and could be taking against cryptocurrency issuers and traders. They also provided an overview of private litigation, particularly putative class actions against companies that have conducted ICOs. Access Michael Best's Blockchain Team … Continue reading Missed Our Webinar?

SEC Provides Guidance on the Applicability of Securities Laws to ICOs and Sales of Digital Tokens – The Beginning of a “Safe Harbor”

William Hinman, Director, Division of Corporate Finance, provided significant guidance on the applicability of U.S. Federal Securities Laws to Initial Coin Offerings (ICOs) and the sale of digital tokens.  His presentation was made on Thursday, June 14, 2018 at the Yahoo Finance All Market Summit: Crypto in San Francisco. Click here to read the full … Continue reading SEC Provides Guidance on the Applicability of Securities Laws to ICOs and Sales of Digital Tokens – The Beginning of a “Safe Harbor”

Regulation of the Unregulated: How Bitcoin and Cryptocurrencies show that the Government Can Regulate Anything

Michael Best Attorneys Evan Strassberg and Brad Jacobsen provide an expert analysis, featured in Westlaw Journal's Bank & Lender Liability, explaining how economy of bitcoin and other cryptocurrencies work, as well as how government agencies are impacting this market and attempting to regulate these new electronic assets. "Bitcoin was born shrouded in mystery.  Using the alias Satoshi … Continue reading Regulation of the Unregulated: How Bitcoin and Cryptocurrencies show that the Government Can Regulate Anything

Taking the “Crypto” Out of Cryptocurrencies

How securities laws and regulations impact this booming business.  Utah Business Magazine features Michael Best Attorneys Brad Jacobsen and Evan Strassberg in the May 2018 edition. Brad and Evan write, "During 2017 it appeared you couldn't lose money investing in Bitcoin, initial coin offerings and other cryptocurrency offerings (collectively ICOs). Not since the Tulip Bubble of … Continue reading Taking the “Crypto” Out of Cryptocurrencies

Join Our Webinar!

Cryptocurrency Issuers & Traders Beware: Enforcement Actions and Private Litigation Emerging Thursday, June 14, 12:00 p.m. - 1:00 p.m. CST. Michael Best Attorneys Evan Strassberg and Steven Joffee are hosting a complimentary live webinar discussing actions regulatory bodies are currently taking, and could be taking in the future, against cryptocurrency issuers and traders.  Additionally, they … Continue reading Join Our Webinar!