As highly experienced cryptocurrency and blockchain lawyers, Bevilacqua PLLC released a white paper for issuers entitled “Security Token Offerings: How to Sell Security Tokens in a Manner that Complies with U.S Federal and State Securities Laws” describing the legal and financial considerations involved in these…
On June 4, the U.S. Securities and Exchange Commission (the “Commission”) announced that Valerie A. Szczepaknik was named Associate Director of the Division of Corporation Finance and Senior Advisor for Digital Assets and Innovation for Division Director Bill Hinman. Valerie A. Szczepaknik is referred to…
Technology companies and advisors involved in cryptocurrencies have received a number of subpoenas and information requests from the U.S. Securities and Exchange Commission (SEC) during the last few weeks and they are alarmed. While the content of these subpoenas and information requests have generally remained…
On October 31, 2017, Munchee Inc. (Munchee) launched an Initial Coin Offering (ICO) to raise $15 million to improve its blockchain-based iPhone app, an app to post pictures of and review restaurant meals. The next day, the U.S. Securities and Exchange Commission (SEC) contacted Munchee –…
ICOs are Hot, Hot, Hot! As everyone knows, ICOs (initial coin offerings) are all the rage right now. This one raised $100 million in thirty minutes, that one raised $150 million in two days, and the list goes on. Companies all over the globe are…
