The SEC has issued a Cease & Desist Order and sanctions against a token issuer and its founder.  Among several findings, the SEC determined that the “Bounty Program” run by the issuer constituted a securities offering.  The Order states “a ‘gift’ of a security is a ‘sale’ within the meaning of the Securities Act when the [issuer]…

Rimon’s Patent Strategy Partner, Marc Kaufman, talks about blockchain patenting strategies and how companies can prevent the risk of patent litigation as the patent war for blockchain takes off. Marc Kaufman concentrates his practice in the area of patent strategy, in particular, advising clients in protecting, managing and monetizing their intellectual property assets. He has represented…

Rimon’s FinTech Partner, Dror Futter, will be speaking at PLI’s “Attorney Ethics – Counseling Clients Undertaking an ICO.” Topics to be addressed: An introduction to ICOs and the ethical concerns when advising clients in this space The SEC’s approach to ICOs/digital assets and the enforcement actions brought by the Agency; Consultation with the SEC as part of…

Rimon Patent Prosecution Partner, Marc Kaufman, talks about blockchain patenting strategies and how the community nature of blockchain technology makes it hard to define the scope of inventions. Click here to view the article. Marc Kaufman concentrates his practice in the area of patent strategy, in particular, advising clients in protecting, managing and monetizing their intellectual property assets.…

Rimon Law Fintech Partner, Dror Futter, was quoted in this Cointelligence article which elicited feedback from 24 people active in the ICO ecosystem.  The comments focused on what investors should look for when reviewing ICO whitepapers. Of course, ICO issuers should also keep these comments in mind when they draft their whitepapers or other disclosure documents. Click here…

Rimon’s FinTech Partner, Dror Futter, will be speaking at PLI’s “Attorney Ethics – Counseling Clients Undertaking an ICO.” Topics to be addressed: An introduction to ICOs and the ethical concerns when advising clients in this space The SEC’s approach to ICOs/digital assets and the enforcement actions brought by the Agency; Consultation with the SEC as part of…

“If You Can’t Hear Me, I’ll Speak a Little Louder!” – SEC Chairman Clayton followed up critical remarks on ICO market advisors in December with new, blunt criticisms of many ICO attorneys. Read the full story and insights here.   Mr. Futter has more than 20 years of high tech and business experience. He represents emerging companies and their…

ICO legal risks may begin but do not end with the SEC, as a Massachusetts-based ICO issuer learned when state regulators sued him for his role in an unregistered ICO. Read the full article here   Mr. Futter has more than 20 years of high tech and business experience. He represents emerging companies and their investors, as well…

Now Kodak is cashing in on the ICO craze with its newly announced KodakCoin. Buried beneath the hype, however, is a very interesting use case. Read the full article 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…

Real estate in California can now be purchased through blockchain. Some organizations are aiming to overcome the complicated processes and fee systems associated with real estate investments and transactions through the use of blockchain technology. This move could force lending and title industries to adapt to this new concept. American Banker Magazine taps Dror Futter, Partner at…