Publication
Scams in superannuation: Integrating operational and strategic resilience
Scammers are increasingly using advanced tools to target superannuation assets, endangering members' retirement savings.
Blockchain Law
SEC takes aim at digital tokens and smart contracts
New York Law Journal
In his Blockchain Law column, Robert A. Schwinger discusses a wave of new enforcement actions brought by the SEC targeting blockchain-based digital token ventures under a variety of provisions in the securities laws. These proceedings show the breadth of the approaches the SEC is taking toward enforcement in this area, perhaps most notably in one case where it appears a “smart contract” blockchain application may have proved to be a bit too smart for its own good.
On the heels of the first-ever judicial holding this past summer that a cryptocurrency could qualify as a “security” under federal securities laws, the Securities and Exchange Commission has brought a wave of new enforcement actions targeting blockchain-based digital token ventures under a variety of provisions in the securities laws. These proceedings show the breadth of the approaches the SEC is taking toward enforcement in this area, perhaps most notably in one case where it appears a “smart contract” blockchain application may have proved to be a bit too smart for its own good.
Robert A. Schwinger explores recent developments in this edition of his New York Law Journal Blockchain Law column.
Partner
Email
robert.schwinger@nortonrosefulbright.com
Recent publications
Publication
An overview of the Commonwealth’s model litigant obligation
Since the early 20th century, Australian courts have emphasised the obligation for the Commonwealth to act as a ‘model litigant’ in court proceedings.
Publication
A deeper challenge: First nations underwater cultural heritage in Australia
The destruction of the 46,000-year-old Juukan Gorge rock shelters in 2020 was a wakeup call for project proponents on the importance of successfully managing Aboriginal and Torres Strait Islander cultural heritage risks.
Subscribe and stay up to date with the latest legal news, information and events . . .