SEC’s Latest on ICOs: If it Walks Like a Duck and Squawks Like a Duck, It’s a Security

Insights December 11, 2017

In a powerful one-two punch on Monday, the SEC published a cease and desist order shutting down an ICO for the MUN utility token and a highly critical statement by SEC’s Chairman, Jay Clayton, entitled “Statement on Cryptocurrencies and Initial Coin Offerings”.  Rimon partner Dror Futter analyzes the impact of these communications by the SEC and their impact on the ICO market. Read it here.

Mr. Futter has more than 20 years of high tech and business experience. He represents emerging companies and their investors, as well as a wide range of technology companies. More about Mr. Futter’s practice here.