Michael Burshteyn’s 2024 predictions for emerging technologies were featured in Legaltech News.
He stated, “Crypto-related litigation will continue its explosion in 2024. Fallout from the bear market has caused disputes over tokens, DAO governance, liquidity partnerships, and other issues. Defamation claims in web3 communities increased in 2023 and are unlikely to subside. Litigation arising from smart contract exploits will continue to test the boundaries of code and law. Cases filed by regulators such as the Securities and Exchange Commission and the Commodity Futures Trading Commission will continue shaking up the regulatory landscape for crypto while perhaps offering some semblance of clarity to new projects. Buckle up for another wild year in web3.”