By Mike Gass, Diana Lloyd and Alex Bevans (June 28, 2022, 3:43 PM EDT) — Despite its recent thrashing, the cryptocurrency market is still valued at a little over $915 billion.
That high market capitalization, alongside widely discussed regulatory uncertainty, has created fertile ground for litigation and enforcement to grow.
If recent trends are any indication, they are doing just that. Three recent cases illustrate how uncertainty has led to novel applications of existing law and encouraged litigation. These cases come from the realms of:
Criminal enforcement, as seen in In re: Criminal Complaint;
Civil enforcement, as seen in U.S. Securities and Exchange Commission v. LBRY Inc.; and
Private litigation, as seen in Underwood v. Coinbase Global Inc….
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
- Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
- Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
- Create custom alerts for specific article and case topics and so much more!
TRY LAW360 FREE FOR SEVEN DAYS