With the SEC becoming more visible in how they enforce their interpretation of the Securities Act I thought it would be useful to consider again the draft proposal from the excellent team at DLx Law entitled The Ineluctable Modality of Securities Law: Why Fungible Crypto Assets Are Not Securities. It’s…

Imagine it is 1486 and the sense of excitement amongst the court of Lorenzo de’ Medici, the ruler of Florence, is palpable. Lorenzo’s loyal servants are carefully preparing his resplendent mask for the evening’s masquerade ball to celebrate the last days of Lent. …