State Tax Considerations for NFTs | Marcum LLP
Amid the rise of non-fungible tokens (NFTs), state tax laws are grappling with these new digital assets. In last year’s...
LLP
Consumer & Retail goes Phygital – are digital and physical assets converging? | White & Case LLP
The Consumer & Retail Industry has been an early champion of the benefits of Web 3 concepts like NFTs (non-fungible...
SEC Continues Enforcing Against NFT Projects | Latham & Watkins LLP
In its second action involving NFTs, the SEC targets an offering tied to fundraising and promises of future value. ...
Second SEC NFT-Enforcement Action Finds Another NFT to Be a Security | Ballard Spahr LLP
Summary The SEC’s pursuit of the crypto industry continues with its second-ever settlement of a non-fungible token (NFT) enforcement action....
DeFi protocol Uniswap and investors avoid suit for fraudulent activity on digital asset exchange | Allen & Overy LLP
On August 30, 2023, in a case of first impression, the U.S. District Court for the Southern District of New...
Proposed Global Policy Recommendations for Decentralized Finance | Shearman & Sterling LLP
On September 7, 2023, the International Organisation of Securities Commissions launched a consultation on proposed policy recommendations on market integrity...
Court Victory for Treasury and Indictment of Tornado Cash Founders Highlights AML and Sanctions Risks for DeFi Crypto Platforms | Skadden, Arps, Slate, Meagher & Flom LLP
In a long-awaited decision involving the cryptocurrency “mixer” Tornado Cash, a U.S. district court on August 17, 2023, upheld the...
NFT Issuer Gives SEC Easy Layup for First NFT Enforcement Action | Seward & Kissel LLP
On Aug. 28. 2023, the SEC issued a settled Order against Impact Theory, LLC in connection with its offer and...
SEC Brings, and Settles, First-of-its-kind NFT Enforcement Action | Kilpatrick Townsend & Stockton LLP
On August 28, 2023, the Securities and Exchange Commission (SEC) brought, and settled, an enforcement action against a media and...
SEC Targets NFTs as Securities for the First Time | Latham & Watkins LLP
In its first enforcement action involving NFTs, the SEC focused on issuer marketing that promised outsized returns on investment and...
