The Year Of The Crypto Investigation

Law360 (August 23, 2018, 2:44 PM EDT) -- In January 2017, digital assets and initial coin offerings were limited to a narrow, niche market. But then 2017 became "the year of the ICO." By December of that year, ICOs were rapidly raising large amounts of money and introducing new digital assets — and significant excitement — to the market.

The crypto market had rapidly accelerated and achieved mainstream appeal based on several factors: the number of tokens and coins issued and their increasing values, the amount of money raised by ICOs, and the number of individuals opening new digital wallets.[1] The explosive run-up in value of bitcoin in the...

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