On May 20, 2025, the Securities and Exchange Commission (“SEC”) charged Unicoin and its executives for an alleged $100 million fraud scheme. While our coverage tends to highlight best practices, Unicoin’s indictment presents a worst practice case study for issuers. This article highlights Unicoin’s alleged missteps in the grey zone of digital asset regulation and…
In this new series, NexusOne will cover the ins and outs of the cryptocurrency industry, identifying news pertinent to the federal government’s legislation and regulation of cryptocurrencies as well as opportunities for NexusOne clients to get involved. SEC Chairman Paul Atkins indicated his intention to overhaul the federal agency’scryptocurrency rules and regulations recently.1 The move…
In step with the Securities and Exchange Commission’s (“SEC”) transformation from cryptocurrency adversary to ally, the Commodity Futures Trading Commission (“CFTC”) is now following its sister agency’s lead. By withdrawing its specialized guidance on digital currency derivatives, the CFTC signals a more accommodating regulatory approach that recognizes the growing maturity and mainstream acceptance of digital…
The cryptocurrency industry’s political bet on Trump appears to be paying early dividends in his administration’s first month. The Securities Exchange Commission’s (“SEC”) rapid pivot–reorganizing its enforcement units and pausing major crypto litigation–signals a dramatic shift in the agency’s approach to digital asset regulation. In the past, we have analyzed several enforcement actions by the…
OPINION – Jim Trusty (originally published on FOXNews.com). Interim memo shows plans to target cartels and transnational criminal organizations Amidst the tidal wave of executive orders, presidential appointments and policy announcements, it is easy to treat the interim policy memo from the acting deputy attorney general as just another ripple of nominal change that occurs…
Politics and sports: How much do they have in common? Election night is game night for many. We watch returns like we watch plays. We bet on winners and losers, and look to betting markets to better understand the odds and likely outcomes. We measure and gauge political candidacy much like we measure and gauge…
As the presiding judge scolded Hunter Biden’s attorneys this week, “The Constitution provides the President with broad authority to grant reprieves and pardons for offenses against the United States, U.S. Const. art. II, § 2, cl. 1, but nowhere does the Constitution give the President the authority to rewrite history.” But what exactly is that…