ICOs and Token Offerings Face First Class Action Challenges

  Digital assets may be hot, but a new class action lawsuit reveals growing concerns from investors and buyers about the risks of cryptocurrencies, tokens and coins.  In July, the Tezos project made history by becoming the highest raising token… Read More

Tezos Founders Hit With Second Class Action Suit

For the second time in less than three weeks, a lawsuit has been filed against the founders of the Tezos project. Pursued in the U.S. District Court in Florida, the suit alleges Tezos founders Arthur and Kathleen Breitman deceptively sold unregistere… Read More

Tezos Organizers Hit With Second Lawsuit Over Cryptocurrency Fundraiser

(Reuters) – A second lawsuit was filed this week against the organizers of cybercurrency technology project Tezos, an initiative that raised $232 million to issue a cryptocurrency that does not exist and fund development of a transaction system… Read More

Acrimony Over $232 ICO Set to Intensify Regulatory Scrutiny

David Silver Quote : The nascent market has “no uniform rules and nobody to hold accountable. Delays and infighting at a venture which raised $232m in one of the largest “initial coin offerings” to date has raised concerns that the experim… Read More

Tezos Initial Coin Offering - You Give Us $230 Million, We'll Give You A Tote Bag

In July 2017, tech start-up Tezos conducted what was then the largest Initial Coin Offering (ICO) in history, raising $230 million in just 13 days of crowdfunding to develop its own decentralized blockchain.  Just three months later, however, detail… Read More

Reuters Investigation -- Cryptocurrency Exchanges: The New Front of the Old West

Reuters — the world’s largest international multimedia news provider — recently published an in-depth investigative study focused on the unscrupulous world of cryptocurrency exchanges.  As the article explains, the burgeoning world… Read More

Chaos and Hackers Stalk Investors On Cryptocurrency Exchanges

David Silver Quote : This is no different than bank robbers in the Old West. Cryptocurrency is just a new front.   LONDON/SHANGHAI/NEW YORK – Dan Wasyluk discovered the hard way that trading cryptocurrencies such as bitcoin happens in… Read More

Don't Know What Blockchain is? You Should

David Silver Quote : Teaching tomorrow’s lawyers how to operate in a new world order is something every law school should be doing. Bitcoin. Ethereum. Blockchain. It sounds like a foreign language, clouded in mystery. But with billions of d… Read More

$30 Million in Bitcoin Ordered Returned in Cryptocurrency Class Action

David Silver Quote : I’m just a little guy; and if I’m knocking at this door, someone eventually will knock louder and get more results, and eventually we will reach a tipping point. A tipping point is coming — U.S. courts and feder… Read More

$8.2 Million: Court Orders Default Judgment Against Cryptsy CEO

David Silver Quote : This order is a big step in the path towards vindication and justice for our clients in the cryptocurrency world who were taken advantage of by an exchange operator they trusted with their hard-earned funds. A U.S. judge has… Read More