In The News

New York Cases To Watch In 2018


01 Jan 2018
Reprinted with permission.

The suit filed by the SEC against a Quebecois man accused of defrauding investors of $15 million in a phony initial coin offering could be a sign of things to come in 2018 according to Joshua Ashley Klayman in the Law360 article “New York Cases To Watch In 2018.”

“I anticipate that we will continue to see more token sale cases in New York courts that allege fraudulent behavior and an illegal sales of unregistered securities,” she said. “I also think that we will see a number of token sale cases … where the principal claim is that the tokens in question were securities and that the token sale was a sale of unregistered securities.”

Read the full article.



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