Mass. Crackdown Reflects Increased State Regulation Of ICOs
Law360 (April 11, 2018, 1:26 PM EDT) -- On March 27, 2018, the top securities regulator in Massachusetts issued consent orders halting five initial coin offerings — including projects that sought to raise capital to assist families affected with cancer and to support the programming for children — based on allegations that the token sales constituted unregistered securities offerings in violation of state law. Among other things, a number of the companies behind the ICOs, each of which were either incorporated or primarily did business in the state, agreed to refund investors as a condition of settlement. The consent orders come on the heels of increased federal scrutiny of...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!