ICO Litigation

US District Court Judge Holds Plaintiffs Made Sufficient Showing That Token Is Security to Survive a Motion to Dismiss

Recent posts have discussed proceedings brought by the SEC in connection with ICOs that violated the securities laws.  But private plaintiffs can also bring suits alleging violations of securities laws

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ICO, ICO Litigation, Litigation, US

SEC Stops Fraudulent ICO That Falsely Claimed SEC Approval

The U.S. SEC announced yesterday that it had stopped what sounds like the most brazen fake ICO yet.  According to the complaint, Blockvest LLC not only falsely claimed that it

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ICO, ICO Litigation, SEC, US

Lawsuit Brought Against Mark Cuban-Backed Unikrn ICO

Unikrn is an esports gambling startup associated with that raised approximately $31 million through an initial coin offering (“ICO”) in October 2017.  Mark Cuban was one of the notable investors

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ICO Litigation, SEC, US