Entries tagged “tokens”
Beware of employee equity, the credit cards of the venture community
insights November 4, 2019
Dror Futter focuses his practice on startup companies and their investors and has worked with a wide range of technology companies. His fifteen years’ experience as in-house counsel includes positions with Vidyo, Inc., a venture-backed videoconferencing company, and New Venture Partners, a venture fund focused on corporate spinouts. Prior to that, Mr. Futter was Counsel to…
Block.one, Creator of EOS, Settles with the SEC. Was it a Slap on the Wrist? Did EOS Get a Pass from the Feds?
insights October 3, 2019
The SEC recently reached a $24 million settlement with Block.one for its unregistered offering of over $4 billion worth of EOS tokens. The Crowdfunder Insider news site reached out to Rimon partner Dror Futter for comment on this unusual development. “This seems to place EOS in the same category as Ether, a token that likely…
Craig Wright’s Hidden Treasures: Court Order to Unlock the Tulip Trust
insights September 23, 2019
Rimon Law Fintech Partner, Dror Futter, recently contributed to a cointelegraph.com bitcoin article. Since early 2018, Craig Wright, a controversial Australian computer scientist and tech entrepreneur, has been the defendant in a lawsuit filed on behalf of the estate of Dave Kleiman, Wright’s late business partner. The claim alleged that following Kleiman’s death in 2013, Wright unlawfully appropriated more than a…
On the Second Anniversary of the DAO: The Token Universe’s Cat Food Moment
insights August 21, 2019
It has been two years since the SEC took its first formal action with respect to a token issuance. Since then there has been a great deal of regulatory activity that has provided some clarity. In this article, Rimon partner Dror Futter provides an in-depth regulatory summary of where things stand for those considering issuing…