Takeaways -
..The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued the first-ever smart contracts sanction, and its decision to sanction a nonperson may be challenged in court.
..The U.S....more
8/23/2022
/ Corporate Counsel ,
Cryptocurrency ,
Cyber Crimes ,
Decentralized Finance (DeFi) ,
Economic Sanctions ,
Ethereum ,
Money Laundering ,
Office of Foreign Assets Control (OFAC) ,
SDN List ,
Smart Contracts ,
U.S. Treasury
On Sept. 30, the United States District Court for the Southern District of New York granted the U.S. Securities and Exchange Commission’s (SEC) motion for summary judgment against Kik Interactive Inc. (Kik) and denied Kik’s...more