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November 17th, 2022
Online Casino Slotie Faces Regulator Deadline Over Questionable NFT Sales
Blockchain Technology Co-Chair Jeremy S. Goldman is quoted in the article, “Online Casino Slotie Faces Regulator Deadline Over Questionable NFT Sales” published by Forbes. The article discusses online casino Slotie, who faces enforcement actions from four US state securities regulators for illegally and fraudulently selling NFTs. Given the laws are still uncertain and there’s no clarification of who has jurisdiction of blockchain and crypto, many are closely watching how federal commissions will regulate the industry. Jeremy is quoted saying, “I think they are learning and they'll discover that NFTs are an empty box. And it's really about what people are putting in that box. It would be a big mistake, and just wrong as a matter of law for anyone to cast a wide net and say that non-fungible tokens are securities. That would just be extremely misguided.”
Read the full article here.
Other Quoted
Greenwashing in the Crosshairs: Regulators Around the Globe Take Aim
AdWeek quotes Jeffrey A. Greenbaum on the FTC's updated Green Guides guidance, which discourages U.S. brands from misleading consumers through false advertising. Read more.
May 31 2023
How GCs Can Handle Internal Pressure To Hire A Certain Firm
Law360 quotes Tyler Maulsby on potential ethics issues when general counsels are pressured to steer work to specific law firms. Read more.
May 16 2023
The Number Of US State Privacy Laws Is Close To Hitting Double-Digits
AdExchanger quotes Daniel M. Goldberg on Frankfurt Kurnit's 2023 Tech Law Summit and on the rise of state privacy laws. Read more.
May 12 2023