US Corporate Law News: SEC launches cryptocurrency probe

11 March 2018 | Applicable law: US

The Securities and Exchange Commission (SEC) has issued dozens of subpoenas and information requests to various companies and advisers in connection with cryptocurrency. 

The subpoenas include demands for information regarding the structures of initial coin offerings (ICOs), with a focus on whether the sale of cryptocurrency constitutes the sale of securities. The SEC had previously warned that some ICOs may be violating securities laws and expressed its intent to look closely at companies involved in cryptocurrency.

This document (and any information accessed through links in this document) is provided for information purposes only and does not constitute legal advice. Professional legal advice should be obtained before taking or refraining from any action as a result of the contents of this document.


Related experience

As a full-service law firm, we are able to provide advice and information about a wide range of other issues. Here are some related areas.

Join the club

We have lots more news and information that you'll find informative and useful. Let us know what you're interested in and we'll keep you up to date on the issues that matter to you.