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Second Circuit Vacates Former OpenSea Employee’s “Insider Trading” Conviction

On June 1, 2022, the U.S. Attorney’s Office for the Southern District of New York charged former OpenSea employee Nathaniel Chastain with wire fraud1 for an NFT “insider trading” scheme. At the time, we here at SKrypto asked:...more

Securities are Securities

On July 9, 2025, Commissioner Hester Peirce, head of the SEC’s Crypto Task Force, in a published statement said, “Tokenized securities are still securities.” And, as such, the federal securities laws apply to transactions...more

SEC Crypto 2.0

Just how crypto-friendly will the new administration be? Apparently, plenty. Today, SEC Acting Chairman Mark T. Uyeda announced the launch of a task force dedicated to developing a comprehensive and clear regulatory framework...more

(Un?)Educated Guesses

The New Year is upon us, which means plenty of news stories looking back at blockchain events in 2023, such as this one (From NFTs to XRP: the biggest crypto stories of 2023 (Axios)), this one (The Year that Cryptocurrency...more

Herding a Bunch of Stoned Cats

On Sept 13, 2023, for its second non-fungible token (NFT) related enforcement action, the SEC issued a settled Order against Stoner Cats 2, LLC (“SC2”) for SC2’s offer and sale of 10,320 NFTs linked to images of characters...more

Fast and Furious: SEC Kracks Down on Kraken, Federal Regulators Choke Crypto, and DFS Wobbles Stablecoin

“There are decades where nothing happens; and there are weeks where decades happen.” Vladimir Ilyich Lenin - Living in the world of crypto is almost always eventful, but some times are more eventful than others....more

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