Tag: Digital Assets
Australian Court Grants Relief from Liability for Crypto Penalty: Legal Insights
The Federal Court of Australia recently made a decision to grant relief to a company under section 1317S of the Corporations Act 2001 (Cth) after finding that the company had contravened two civil penalty...
Nike Faces Lawsuit from NFT Buyers for Crypto Fraud
Nike and RTFKT dropped the Dunk Genesis CryptoKick non-fungible token on the market in early 2022, catching the attention of a select group of shoppers. According to the RTFKT media kit, this collaboration aimed...
Crypto Task Force Chief Counsel Appointed by SEC
The U.S. Securities and Exchange Commission has appointed Mike Selig, a seasoned partner at Willkie Farr & Gallagher, as the chief counsel for the agency's new Crypto Task Force. This move marks a significant...
SEC Stops Enforcement Action Against OpenSea NFT Exchange
OpenSea, a prominent nonfungible-token marketplace exchange, recently received news that the U.S. Securities and Exchange Commission has concluded its investigation and will not pursue enforcement action regarding the alleged unregistered sale of securities. This...