Daniel Stabile

Dec 5, 2024 | mondaq.com | Carl A. Fornaris |Andrew Hinkes |Kimberly Prior |Daniel Stabile

On November 18, 2024, in Samuels v. Lido DAO,1 the United States District Court for the Northern District of California denied some defendants' motions to dismiss, finding that the plaintiff sufficiently alleged that a decentralized autonomous organization (DAO) is a partnership under California law, and consequently that these defendants may be liable as general partners.

Dec 4, 2024 | mondaq.com | Andrew Hinkes |Kimberly Prior |Daniel Stabile

WS Winston & Strawn LLP More Winston & Strawn LLP is an international law firm with 15 offices located throughout North America, Asia, and Europe. More information about the firm is available at www.winston.com. The Fifth Circuit Court of Appeals held that Tornado Cash's immutable smart contracts are not the "property" of a foreign national or entity, meaning: United States Litigation, Mediation & Arbitration

Oct 11, 2024 | mondaq.com | Andrew Hinkes |Kimberly Prior |Daniel Stabile

Regulatory uncertainty has haunted the digital asset space since its inception. The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have been engaged in a multi-year turf war over which agency has the power to regulate various aspects of digital assets.

Jun 18, 2024 | mondaq.com | J. Eric Johnson |Kimberly Prior |Daniel Stabile |John Niedzwiecki

On May 23, 2024, in a surprise move, the Securities and Exchange Commission (SEC) issued an order that will allow exchanges to list Ethereum-based exchange-traded funds (ETFs). The SEC's order follows its recent decision to allow trading of Bitcoin ETFs, in what has been interpreted by some as a softening approach towards the regulation of digital assets.

Jan 23, 2024 | mondaq.com | Thania Charmani |Daniel Stabile

Following the U.S. Securities and Exchange Commission's first enforcement actions concerning Non-Fungible Tokens (NFTs), there has been a marked increase in litigation and regulatory activity targeting this subset of digital assets. To assist businesses involved in this space, Winston has published an "NFT Litigation and Regulatory Proceedings Tracker" on Lexis+.