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Skadden Discusses Ramifications of Cryptocurrency Insider Trading Case

Reynolds Holding

million, which they funneled through multiple digital wallet addresses and across various trading platforms. For its part, Coinbase has strongly challenged the notion that any of the crypto assets on its platform are securities. The DOJ indictment alleges the defendants generated unrealized gains of at least approximately $1.5

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The FTX Collapse: Why Did Due Diligence, Regulation, and Governance Evaporate?

Reynolds Holding

FTX [1] is a Bahamas-based cryptocurrency exchange founded in 2019 that, at its peak in 2021, had over 1 million users, making it the world’s third largest crypto exchange by volume. Regulators, lawyers, and central banks still struggle sometimes to put some crypto assets in a category but defining them is possible. Key message.

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When Biden met Crypto: Thoughts on the President’s Executive Order

Reynolds Holding

On March 9, 2022, President Biden signed an executive order (“the Order”) requiring federal agencies to submit reports on how cryptocurrencies relate to various issues, including money laundering, investor protection, international cooperation, central bank digital currencies (“CBDC”), and systemic risk. First, consider money laundering.

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