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August 29th, 2023
Did the SEC Just Declare War on NFTs?
Blockchain Technology Co-Chair Jeremy S. Goldman is quoted in the article, “Did the SEC Just Declare War on NFTs?” published by Decrypt. The article discusses the SEC’s first-ever enforcement action over the sale of NFTs, fining media company Impact Theory $6 million for selling illegally unregistered securities. Jeremy is quoted saying, “A lot of these projects are just selling art. They’re selling collectibles. If they bring an action against those projects, then I’ll be surprised—if they decide to open up that Pandora's box of issues.”
Read the full article here.
Cryptosaurus republished Decrypt's article here.
Other Quoted
Takeaways From Jack Daniel’s Latest Dog Toy Win
Law360 quotes Kimberly M. Maynard on the latest decision in VIP Products, LLC v. Jack Daniel’s Properties, Inc., in which an Arizona federal judge ruled that a dog toy, which mimics the whiskey maker’s bottles, tarnished the Jack Daniel’s brand. (Behind paywall) View Article
January 30 2025
Fifty-Three Regulators Raise Cyber Expectations with Multi-State Breach Settlement
Cybersecurity Law Report quotes Rick Borden in an article reporting multiple financial regulatory agencies fined Bayview Asset Management and its affiliates $20 million for deficient cybersecurity practices. The regulators chastised the mortgage company for failing to cooperate in investigations following a data breach involving 5.8 million customers. Mr. Borden noted, “regulatory bodies are coming to a consensus that increasing the requirements around cyber are reasonable for these regulated entities.” The article discusses multi-state enforcement trends, offering practical pointers. View article (available through trial or paid subscription).
January 22 2025
Pay Attention to the Delete Act (Even If You Don’t Think You’re A Data Broker)
AdExchanger quotes Daniel M. Goldberg in an article on California’s Delete Act, noting data brokers are required to register by January 31. He explains the definition of data broker extends to any company that collects and sells personal data about consumers, which includes companies using third-party data for targeted advertising. Mr Goldberg also anticipates more enforcement in 2025. View Article
January 21 2025
