Law360: How Crypto Cos. Can Take Advantage Of ‘Mini-IPOs’
November 25, 2024
O’Melveny partner James Harrigan and associate Juan Antonio Solis co-authored this article discussing the US Securities and Exchange Commission’s enforcement efforts against the cryptocurrency industry. “The SEC has stated time and again its position that most cryptocurrencies are securities, and regulators have backed up those statements with recent enforcement actions against large, highly sophisticated crypto companies,” they wrote. “While courts may disagree with the SEC’s views in specific cases, if not registered or subject to an exemption, initial coin offerings can run the risk of becoming a target for regulators.”
Read the full article here.