Last month we wrote about the Justice Department’s new corporate resolution policy, which is intended to curb the practice of multiple government authorities imposing separate punishments on a corporate defendant
Continue Reading In Wake of New Policy Against “Piling On,” DOJ and SEC Announce Corporate FCPA Resolution
U.S. Securities and Exchange Commission (SEC)
SEC: Bitcoin Is Not Governed By Securities Laws
Our colleague Kristen Howell has published an alert reporting on an important development in the cryptocurrency industry. The U.S. Securities and Exchange Commission has declared that Bitcoin, Etherium and other…
Continue Reading SEC: Bitcoin Is Not Governed By Securities Laws
Supreme Court Rules That Dodd-Frank’s Whistleblower Protections Cover Only Those Who Report to SEC
Our colleagues Ernest E. Badway, Joshua Horn, and Benjamin H. McCoy have published an alert about the United States Supreme Court’s unanimous ruling narrowing the class of would-be…
Continue Reading Supreme Court Rules That Dodd-Frank’s Whistleblower Protections Cover Only Those Who Report to SEC
IRS-Criminal Investigation Ramps Up Scrutiny of Cryptocurrency Transactions
The Internal Revenue Service has assembled a specialized team of criminal investigators to build criminal tax evasion cases involving users of Bitcoin and other cryptocurrencies, according to a Bloomberg article…
Continue Reading IRS-Criminal Investigation Ramps Up Scrutiny of Cryptocurrency Transactions
SEC’s Office of Compliance Inspections Releases Its 2018 Examination Priorities
Our colleagues Joshua Horn, Ernest E. Badway, and Benjamin H. McCoy have published an article about the recent release by the Securities and Exchange Commission’s Office of Compliance…
Continue Reading SEC’s Office of Compliance Inspections Releases Its 2018 Examination Priorities
SEC’s Cyber Unit Shutters Another Alleged Initial Coin Offering Scam As Federal Cryptocurrency Fraud Crackdown Continues
Over the course of the last two months, we have witnessed a flurry of enforcement activity with respect to initial coin offerings and virtual currency fraud schemes by the Securities…
Continue Reading SEC’s Cyber Unit Shutters Another Alleged Initial Coin Offering Scam As Federal Cryptocurrency Fraud Crackdown Continues
CFTC’s Virtual Currency Task Force Files Suit to Shut Down Another Virtual Currency Scam
Last week we reported on a flurry of enforcement activity by the Commodities Futures Trading Commission’s “Virtual Currency Task Force” with respect to virtual currency fraud schemes. On Thursday, January…
Continue Reading CFTC’s Virtual Currency Task Force Files Suit to Shut Down Another Virtual Currency Scam
SEC Continues Crackdown on Initial Coin Offerings With Cease-and-Desist Order
The Securities and Exchange Commission announced yesterday that a California-based company selling digital tokens to investors to raise capital for its blockchain-based food review service halted its initial coin offering…
Continue Reading SEC Continues Crackdown on Initial Coin Offerings With Cease-and-Desist Order
SEC Announces Three Whistleblower Awards, Totaling More Than $20 Million, In Single Week
The Securities and Exchange Commission today announced an award of more than $4.1 million to an individual who alerted the agency to a widespread, multi-year securities law violation and continued…
Continue Reading SEC Announces Three Whistleblower Awards, Totaling More Than $20 Million, In Single Week
SEC’s Cyber Unit Files Its First-Ever Charges to Halt Alleged Initial Coin Offering Scam
The Securities and Exchange Commission announced yesterday that its new Cyber Unit obtained an emergency asset freeze to halt a “fast-moving” Initial Coin Offering (ICO) fraud that raised up to…
Continue Reading SEC’s Cyber Unit Files Its First-Ever Charges to Halt Alleged Initial Coin Offering Scam