Matt Stankiewicz, Partner at The Volkov Law Group, joins us for a post on the recent scandal at OpenSea, the cryptocurrency industry’s preeminent NFT marketplace. Matt can be contacted at [email protected]. The crypto industry is abuzz with a recent scandal involving OpenSea, the largest NFT marketplace in the industry (for those not in the know, NFT stands for non-fungible token, and the most common use...
I recently came across a paper prepared by students from Columbia’s School of International and Public Affairs that delves into the benefits that cryptocurrency and the blockchain can provide to the world’s unbanked. Specifically, the paper discusses how cryptocurrencies can help with “reaching and benefitting the unbanked/underbanked people, who do not make use of traditional financial services, including banks.” Gemini Trust Company, LLC, one of...
Matt Stankiewicz, Managing Counsel at The Volkov Law Group, joins us for a post looking into the CFTC’s recent inquiry into Binance. Matt can be contacted at [email protected]. On Friday March 12, Bloomberg News reported that the Commodity Futures Trading Commission (“CFTC”) has opened an inquiry into Binance Holdings Ltd. (“Binance”) to investigate allegations that the exchange allowed US citizens to trade in cryptocurrency derivatives,...
Matt Stankiewicz, Managing Counsel at The Volkov Law Group, joins us for updates on the NYAG’s case against Bitfinex and Tether. Matt can be contacted at [email protected]. In late February, the New York Attorney General’s office (“NYAG”) settled with Bitfinex and Tether stemming from charges relating to financial mismanagement. The NYAG alleged that Bitfinex and Tether attempted to cover up the loss of approximately $850...
Matt Stankiewicz, Managing Counsel at The Volkov Law Group, joins us for continued updates regarding the SEC enforcement action against Ripple. Matt can be reached at [email protected]. On Monday, Ripple Labs, Inc.; Brad Garlinghouse, CEO; Christian Larsen, board chairman; and the U.S. Securities and Exchange Commission (“SEC”) filed a joint letter with Judge Analisa Torres in the Southern District of New York. While this letter...
Matt Stankiewicz, Managing Counsel, The Volkov Law Group, and Michael Volkov discuss the latest events and trends within the cryptocurrency industry. Several major enforcement actions have hit the news recently, such as the CFTC’s case against BitMEX and the SEC’s high-profile action against Ripple and its XRP cryptocurrency. We also discuss potential regulatory movement under the Biden Administration and what may be coming in the...
Matt Stankiewicz, Managing Counsel at The Volkov Law Group, joins us for updates on the SEC enforcement action against Ripple. Matt can be reached at [email protected]. Following the SEC’s December filing, Ripple Labs, Inc. has now responded and taken its first steps to defend itself against the allegations. Ripple’s first move was to file FOIA request with the SEC to obtain the information from the...
Matt Stankiewicz, Managing Counsel at The Volkov Law Group, joins us for a posting on the SEC enforcement action against Ripple. Matt can be reached at [email protected]. In December 2020, three days before Christmas, the SEC filed a significant case against Ripple, the major cryptocurrency company. Ripple is a major cryptocurrency company, utilizing the technology to create a global digital payment network – an alternative...
Matt Stankiewicz, Senior Associate at the Volkov Law Group, rejoins us for an interesting posting on Facebook’s cryptocurrency plans. Matt can be reached at [email protected]. It was inevitable. With the continuing growth of the cryptocurrency industry, major corporations were surely going to begin to figure out how best to profit from it. Facebook has entered the game in a massive way with the announcement of...
The blockchain revolution is still merely in its infancy. Liquidity Digital seeks to continue pushing the industry forward, by digitizing securities – stocks, derivatives, real estate, and more – and placing them on the blockchain. Liquidity Digital is building an ecosystem for the creation of new assets, introducing ways to allocate capital to traditionally underserved areas of financial markets and provide a practical application of distributed ledger...
