Pillsbury Social Media, Entertainment & Technology Team

1650 Tysons Boulevard 14th Floor
McLean, Virginia 22102-4856, United States

Contact: James Gatto

  • 703.770.7754

FDA Draft Guidance Would Ease Regulatory Burdens for Certain mHealth Applications

On August 1, 2014, the Food and Drug Administration (FDA) released draft guidance that would exempt from premarket 510(k) review many low-risk medical devices--including certain mobile applications that can convert a cell phone…more
| Health, Science, Computers, & Technology

Dell Joins a Growing List of Retailers Accepting Bitcoin

On Friday, Michael Dell, CEO of Austin-based Dell Inc., announced on twitter that Dell.com is now accepting Bitcoin as a direct payment option for consumers and small businesses in the U.S. Other major companies, such as…more
| Commercial Law & Contracts, Finance & Banking, Science, Computers, & Technology

U.S. Government Begins First Ever Bitcoin Auction

As reported in our earlier post, the U.S. Government has begun its first ever auction of Bitcoins. The Bitcoins to be auctioned were seized in connection with the shutdown of the Silk Road - the "dark net" site that served as a…more
| Finance & Banking, Science, Computers, & Technology

Bitcoin Mining Firm Consistently Attaining Control of the Market

Bitcoin mining firm GHash is reportedly consistently attaining over 51% of all of the hashing power of all Bitcoin miners. As a decentralized currency, Bitcoin depends on an open ledger called the "block chain" to track every…more
| Finance & Banking, Science, Computers, & Technology, Securities Law

FTC Calls for Action on Big Data

Following an 18-month investigation into the practices and operations of data brokers, the Federal Trade Commission has issued a voluminous report calling for legislation to regulate the industry in the interests of consumer…more
| Antitrust & Trade Regulation, Communications & Media Law, Consumer Protection, Privacy, Science, Computers, & Technology

Enterprise Infrastructure Management Is Not a Part-Time Job

We recently completed a major renegotiation of a very large, longstanding infrastructure outsourcing contract. As is typical with renegotiations, there were areas of the contract that required changes and areas the client wanted…more
| Commercial Law & Contracts, Science, Computers, & Technology

IRS Issues Significant Convertible Virtual Currency Ruling - Bitcoin Community Abuzz

The IRS has issued its first major ruling on the U.S. federal tax implications of transactions in, or transactions that use, Bitcoin and other convertible virtual currencies. The ruling stresses that it relates to convertible…more
| Finance & Banking, Science, Computers, & Technology, Taxation

Ever Lost -- or Worse Yet, Had Stolen -- a Smart Phone, Laptop, Tablet, Etc.?

Many of us have been focused on cyber-security, especially in the wake of the recent data breaches over the holidays, among other things. Two Maryland Law Enforcement Officers are leveraging the power of social media and the…more
| Communications & Media Law, Consumer Protection, Privacy, Science, Computers, & Technology

Russia Cracks Down On Bitcoin

Both the Central Bank of Russia and the Russian Prosecutor General's Office explained that the rouble is the country's sole official currency and that the production of alternative monetary products, such as Bitcoin and other…more
| Criminal Law, Finance & Banking, International Law & Trade, Science, Computers, & Technology

Virtual Currency - Acronyms Abbreviations and Key Definitions

Although many of you are obviously fascinated by the fast-paced virtual currency industry, trying to read a news article or blog can sometimes be incredibly difficult due to the sheer number of acronyms and terms of art commonly…more
| Finance & Banking, Science, Computers, & Technology

28 Million Dollars in Bitcoins Deemed Forfeited to the U.S. Government

The United States Attorney's Office for the Southern District of New York announced the forfeiture of approximately 29,655 Bitcoins in connection with the seizure of the Silk Road website…more
| Criminal Law, Finance & Banking, Science, Computers, & Technology

More fallout from Silk Road

Another set of Bitcoin-related arrests for failing to comply with the Bank Secrecy Act. Interestingly, investors in one of the companies include the Winkelvoss twins. Anyone who is involved in Bitcoin or other virtual…more
| Criminal Law, Finance & Banking, Science, Computers, & Technology

Sacramento Kings Announce They Will Be The First Pro Sports Franchise To Accept Bitcoin

On January 16, 2014, The Sacramento Bee in its article Kings will be first pro sports franchise to accept online currency Bitcoins announced that by March 1, 2014, Sacramento Kings fans "will be able to purchase team merchandise…more
| Art, Entertainment, & Sports Law, Finance & Banking, Science, Computers, & Technology

Singapore Issues Bitcoin Tax Guidance

The Singapore tax authority has issued guidance which confirms the viability of certain Bitcoin transactions. Like the central bank in China, the Inland Revenue Authority of Singapore (IRAS) took the position that Bitcoin is not…more
| Finance & Banking, Science, Computers, & Technology, Taxation

Scammers Continue to Target Customers

There have been numerous reports that West Virginia Attorney General Patrick Morrisey issued a warning to consumers on Monday, January 13, 204, about a Target gift card scam occurring throughout the country on social media…more
| Consumer Protection
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Areas of Practice
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  • Mergers & Acquisitions
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  • Science, Computers, & Tech
  • Securities Law
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