Tag: Securities

NFTs: Collectibles or Securities? Navigating the Digital Asset Frontier

By: Charlotte Golnik The non-fungible token (“NFT”) market is expanding and expected to reach $231.98 billion by 2030.  NFTs traded on platforms like OpenSea are unique digital assets with monetary value that represent real-world objects.  Unlike fungible cryptocurrencies, NFTs are non-fungible and cannot be replicated, thanks to digital signatures and smart contracts that secure ownership… Read More NFTs: Collectibles or Securities? Navigating the Digital Asset Frontier

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FTX: The Collapse Heard Round the World & Where We Go from Here to Increase Confidence in Web3

By: Catherine Nicholson After the collapse of FTX in November of 2022, a civil complaint was filed by the SEC on December 13, 2022, against Samuel Bankman-Fried, alleging violations of fraud in the offer or sale of securities and fraud in connection with the purchase or sale of securities.  In addition to the civil complaint,… Read More FTX: The Collapse Heard Round the World & Where We Go from Here to Increase Confidence in Web3

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Non-Fungible Tokens: Analyzing Digital Collectibles Through the Lens of the Law

This blog discusses non-fungible tokens (NFTs) which are a type of digital collectible. Some NFTs are abstract – they are often a purchasable, conceptual representation of something else (such as a Tweet, real estate, etc.); but their value lies in ownership – while circulation of the subject matter is still available to the public, the owner of the NFT is essentially the recipient of a digitally-authenticated note. In addition to presenting the complexities of NFTs in a more digestible manner, this blog explains the legal implications of their flourishing role in the world of crypto-digital assets, specifically in the context of intellectual property and securities law. … Read More Non-Fungible Tokens: Analyzing Digital Collectibles Through the Lens of the Law

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