Cryptocurrency Analysis and News Portal
On the second category of sales, programmatic sales, the Court found in Ripple’s favor, arguing that the third, “expectation of profits” prong of Howey was not met. “Ripple’s Programmatic Sales were blind bid/ask transactions,” the Court wrote, “and Programmatic Buyers could not have known if their payments of money went
Read More
Preston Byrne is a partner in Anderson Kill’s Technology, Media and Distributed Systems Group, and a CryptoX columnist. He joins CryptoX Features Editor Ben Schiller to discuss his recent op-ed about GameStop, Robinhood and the rise of online mobs.Schiller spoke to Byrne about: Source
Read More
The Gamestop short squeeze – in Bitcoin parlance, “the squeezening” – is only the latest example of online memes crossing into the real world and having real world consequences.Those of us who have been on the internet for a little while will recall the glory days of 4Chan and the
Read More
Crypto legal experts join to discuss the U.S. government’s case against BitMEX and its implications for the broader ecosystem. Our main discussion explores the ramifications of the recent BitMEX charges.Yesterday, BitMEX was targeted with both civil and criminal complaints, with the CTO being arrested for violation of the Bank Secrecy Act. In
Read More
Preston Byrne, a columnist for CryptoX’s Opinion section, is a partner in Anderson Kill’s Technology, Media and Distributed Systems Group. He advises software, internet and fintech companies. His biweekly column, “Not Legal Advice,” is a roundup of pertinent legal topics in the crypto space. It is most definitely not legal
Read More
Preston Byrne, a columnist for CoinDesk's new opinion section, is an attorney at Byrne & Storm, where he advises cryptocurrency miners, decentralized protocol developers, custom software development shops, and interactive computer services businesses. This is his bi-weekly column, “Not Legal Advice,” an opinionated roundup of bigger legal topics in the
Read More
After selling off all of his Overstock shares, former CEO Patrick Byrne is reportedly still holding a major stake in tZero, Overstock’s crypto token platform.Byrne still owns 63,775 shares in tZeroOverstock’s 2019 notice of special meeting and proxy statement, filed with the United States Securities and Exchange Commission (SEC)
Read More
A new complaint filed in Utah accuses Overstock.com, former CEO Patrick Byrne and former CFO Greg Iverson of securities fraud.The complaintFiled on Friday, Sept. 27, the complaint requests a trial by jury, alleging that Byrne designed Overstock.com’s digital asset-based dividend as a means of punishing short sellers, which other
Read More
In recent news, Patrick Byrne, the former CEO of Overstock, has sold all his Overstock equity holdings worth about $90 million to shift his investments to different assets like precious metals and cryptocurrencies.Patrick Byrne shared the letter on his personal website. Within the letter he reveals that he had dumped
Read More
Noted crypto advocate Patrick Byrne resigns as CEO of Overstock.Per a letter of resignation and company statement posted on Twitter Aug. 22, Patrick Byrne will be stepping down as CEO of Overstock.Having led crypto-friendly e-commerce at the company, including the launch of tZero, Overstock’s crypto token platform, and Overstock’s acceptance
Read More