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Sep 3, 2024 | 
law360.com | Joanna F. Wasick |Robert Musiala |Teresa Goody Guillén
By Joanna Wasick, Robert Musiala and Teresa Goody Guillén (September 3, 2024, 3:15 PM EDT) -- On Aug. 7, the U.S. District Court for the Southern District of New York issued its judgment in U.S. Securities and Exchange Commission v. Ripple Labs Inc., marking the end — for now — of district court proceedings in the highly watched litigation.[1]... Law360 is on it, so you are, too.
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Jul 17, 2023 | 
lexblog.com | Robert Musiala |Christopher Lamb
In this issue: • Company Announces Stablecoin Pilot; BIS Publishes Reports on CBDCs • Bitcoin ETF Applications Refiled, Crypto Hedge Fund Report Published • Report Provides Data on Top NFT Royalty Earnings • Senate Finance Committee Members Seek Input on Digital Asset Taxation • Multiple DOJ and CFTC Actions Target Crypto Spoofing, Hacks, and Fraud • DOJ, SEC, CFTC, and FTC Bring Charges Against Crypto Firm and Executives • NFT Project Hacked, Mid-Year Crypto Crime Report Published Company...
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Jul 3, 2023 | 
lexblog.com | Robert Musiala |Joanna F. Wasick
In this issue:• Crypto Firms Expand Offerings in Stablecoins, Private Key Management• FATF Publishes Targeted Update on Virtual Assets• Nevada Financial Regulator Seeks to Place Crypto Custodian into Receivership• CFTC Announces Multiple Enforcement Actions Alleging Digital Asset Fraud• Israeli Agency Seizes Hezbollah Crypto; Illicit Crypto Report PublishedCrypto Firms Expand Offerings in Stablecoins, Private Key ManagementBy Robert A.
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Apr 28, 2023 | 
law360.com | Nicholas Mowbray |Robert Musiala
By Sign up now By Nicholas Mowbray, Robert Musiala and Elizabeth Ann Smith ·The Internal Revenue Service and the U.S. Department of the Treasury announced on March 21 that they intend to issue guidance providing that certain non-fungible tokens qualify as collectibles under Section... To view the full article, register now.
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Apr 28, 2023 | 
law360.com | Nicholas Mowbray |Robert Musiala |Elizabeth Smith
By Nicholas Mowbray, Robert Musiala and Elizabeth Ann Smith (April 28, 2023, 5:51 PM EDT) -- The Internal Revenue Service and the U.S. Department of the Treasury announced on March 21 that they intend to issue guidance providing that certain non-fungible tokens qualify as collectibles under Section 408(m) of the Internal Revenue Code. The proposed guidance, Notice 2023-27, is the first issued by the IRS addressing the federal income tax treatment of NFTs....
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Apr 24, 2023 | 
lexblog.com | Robert Musiala |Lauren Bass |Christopher Lamb |Joanna F. Wasick
In this issue:• European Bank Launches Stablecoin; Financial Firms Expand Crypto Products• Ethereum ‘Unstaking’ Data Published; New DeFi Products Launch• SEC Charges U.S. Crypto Exchange with Multiple Securities Law Violations• States Bring Crypto Enforcement Actions, Assess Supervisory Costs• OFAC Adds New Bitcoin Public Key to SDN List• DeFi Protocol Hacked for $7.4M; Wallet Attack Drains $10.5MEuropean Bank Launches Stablecoin; Financial Firms Expand Crypto ProductsBy Robert A.
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Apr 20, 2023 | 
lexblog.com | Robert Musiala |Teresa Goody Guillén |Joanna F. Wasick |Kevin S Edgar
Background and ScopeThe Assessment was drafted by Treasury’s Office of Terrorist Financing and Financial Crimes (“TFFC”), in consultation with multiple U.S. agencies, including the Departments of Homeland Security, Justice, and State; the Commodity Futures Trading Commission (“CFTC”); Office of the Comptroller of the Currency; and the Securities and Exchange Commission (“”). The TFFC also considered over 75 responses to Treasury’s requests for comments.
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Apr 3, 2023 | 
lexblog.com | Robert Musiala |Lauren Bass |Christopher Lamb |Christina Gotsis
In this issue: • “Z” Doors Are Open: Rival Zero Knowledge EVMs Launched by Matter, Polygon • U.S. Central Bank Publishes Order Denying Custodia Bank Application • CFTC Charges Binance Alleging Numerous Commodity Exchange Act Violations • SEC Charges Crypto Exchange; DOJ Charges Crypto ATM; Do Kwon Arrested “Z” Doors Are Open: Rival Zero Knowledge EVMs Launch By Lauren Bass Earlier this week, a technology innovation lab reportedly released a public Alpha version of its “zero-knowledge Ethereum...
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Mar 20, 2023 | 
lexblog.com | Robert Musiala |Christopher Lamb |Joanna F. Wasick
In this issue: • NFT Integration Software Released; NFTs Used to Serve Complaint in Civil Action • US Treasury Official Signals Forthcoming DeFi Illicit Finance Risk Assessment • SEC Chairman Comments on Crypto Activities, NYAG Sues Crypto Exchange • US and International Law Enforcement ‘Takedown’ Crypto Mixing Service • Hackers Use ‘Flash Loan Attack’ to Steal $199 Million from DeFi Protocol NFT Integration Software Released; NFTs Used to Serve Complaint in Civil Action By Christopher Lamb...
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Mar 9, 2023 | 
lexblog.com | Teresa Goody Guillén |Christopher Lamb |Robert Musiala |Veronica Reynolds
Dapper Labs was founded in 2018 shortly after the debut of its first NFT collection, “CryptoKitties,” which was so successful it created a bottleneck of transactions on the decentralized Ethereum Network. Seeking faster transaction throughput, Dapper Labs later launched its own decentralized “Flow Blockchain” and native FLOW token.
