As an LLM student also provoked by the lack of nuance on what the law is on Vlad’s part, my hands ached to draft a response but I didn’t find the time — so thanks for writing this Gabriel. However, I think Vlad does not actually intend to create a parallel legal system for crypto. I believe he just wanted to stir some of the minds in crypto that…
Hi Nelson, I really like the crypto caselaw minute. Short and to the point. Would it be interesting for you and Stephen if I republished them on www.lawandblockchain.eu under your names? Content-wise it would be a great match!
I think incorporating as a (“Aktiengesellschaft”) or limited liability company (“Gesellschaft mit beschränkter Haftung”) in Switzerland can be an adequate legal structure for conducting an ICO. They make more sense than a corporate foundation as they are more flexible…
I think your analysis in this article is spot on. As such, I would love to feature the article on my website: www.lawandblockchain.eu
Can I, with your permission, re-post it there?
Hi Alex, very interesting article!
I believe the solution you are proposing is elegant in that it indeed makes sure that the value of the SAFT is no longer solely derived from the value of the tokens during the ICO itself, which would put it outside of the scope of forward commodity delivery contracts.
Well, in 1930, the Senate Banking Comittee, led by Pecora (the ‘pecora investigation’), came to this conclusion.
Also check this out: https://www.globalresearch.ca/fraud-caused-the-1930s-depression-and-the-current-financial-crisis/21699.
Thanks for your criticism, it is well founded and deserves some clarification.
You are completely right about inflation rate, my bad. I will edit the post to reflect this- thanks!