Alexander Kim

Jan 7, 2025 | mondaq.com | Daniel Davis |Alexander Kim

Three digital asset organizations have jointly filed a lawsuit challenging the Internal Revenue Service's (IRS) new digital asset broker reporting rule.1 The complaint, filed in the Northern District of Texas on December 27, the same day the IRS issued the final rule, alleges that the rule not only exceeds the IRS's statutory authority but also violates the Fourth and Fifth Amendments of the Constitution.2 The new IRS rule requires "digital asset middlemen" to collect and report detailed...

Oct 11, 2024 | natlawreview.com | Daniel Davis |Alexander Kim |Suzan Kern |Debra Curtis

Skip to main content October 11, 2024 Volume XIV, Number 285 Legal Analysis. Expertly Written. Quickly Found. Trending News United States | Diversity Visa 2026 registration open until Nov.

Aug 12, 2024 | lexology.com | Daniel Davis |Gary DeWaal |Alexander Kim

In a setback to the Securities and Exchange Commission’s (SEC) crypto enforcement efforts, a federal court has denied the agency’s request for disgorgement of profits in its case against Ripple Labs. The ruling, issued by Judge Analisa Torres of the US District Court for the Southern District of New York on August 7, deals a blow to the SEC’s strategy of seeking large disgorgement penalties in cases based solely on registration violations.

Aug 2, 2024 | mondaq.com | Michael Justus |Alexander Kim

The American Bar Association's (ABA) Standing Committee on Ethics and Professional Responsibility issued Formal Opinion 512, attempting to provide guidance on the ethical considerations for lawyers using generative artificial intelligence (GAI) tools. While the opinion addresses important issues, it may raise as many questions as it answers regarding the use of GAI in legal practice.

Aug 1, 2024 | lexology.com | Michael Justus |Alexander Kim

The American Bar Association’s (ABA) Standing Committee on Ethics and Professional Responsibility issued Formal Opinion 512, attempting to provide guidance on the ethical considerations for lawyers using generative artificial intelligence (GAI) tools. While the opinion addresses important issues, it may raise as many questions as it answers regarding the use of GAI in legal practice.