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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
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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
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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
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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
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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
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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
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