A California federal court recently held that all governance token holders were responsible for any losses suffered in a security incident. Specifically, the court, in denying a motion to dismiss, ruled in part in favor of a...more
4/11/2023
/ Asset Tokens ,
Corporate Counsel ,
Cybersecurity ,
Data Breach ,
Decentralized Autonomous Organization (DAO) ,
Digital Assets ,
Investors ,
Limited Liability Company (LLC) ,
Negligence ,
Personal Liability ,
Putative Class Actions ,
Securities Tokens
SEC Enforcement -
Andrew Ceresney, head of the SEC’s Division of Enforcement confirmed during a panel discussion at the Investment Company Institute’s Mutual Funds and Investment Management Conference in Orlando, Fla.,...more
Interesting question, but life is never easy, and digital currency brings its own set of challenges...more
Recent amendments to California’s Online Privacy Protection Act may have implications for all commercial online operators given the geographically limitless scope of the Internet. The amendments, effective Jan. 1, 2014,...more