Howey Schmowey – The Real Answer is to Update Securities Regulations

This month there have been two SEC enforcement actions that made headlines in the crypto community. One was the case against messaging platform Kik and their Kin token sale; the other was the action against holding company Longfin. In the first case, while investors lost money, it is unclear that Kik misled them about the … Continue reading Howey Schmowey – The Real Answer is to Update Securities Regulations

What SHOULD we Learn From the Bitfinex/Tether Story?

Late last month, the NY Attorney General filed a lawsuit against the parent company of Bitfinex and the Tether stablecoin (USDT), alleging that they illegally diverted funds to cover undisclosed losses incurred due to issues at a payment processor utilized by the exchange.  The story has captured people’s imaginations, with a lot of media coverage … Continue reading What SHOULD we Learn From the Bitfinex/Tether Story?