Legal Update: Major Development in SEC v. Ripple Case – Summary Judgment Decision Announced

Blockchain Law Updates

Yesterday we received a decision on the cross motions for summary judgment in SEC v. Ripple.  Full text of decision: https://storage.courtlistener.com/recap/gov.uscourts.nysd.551082/gov.uscourts.nysd.551082.874.0_2.pdf  Judge Torres stated categorically that a token is not automatically an investment contract.  The sale of tokens can be a security in certain circumstances, but two problem areas appear to have tipped strongly in…

Zuber Lawler Congratulates Bitcoin Depot on NASDAQ Debut and Stellar Performance

Blockchain Law Updates, Press

Zuber Lawler extends warmest congratulations to long-time client Bitcoin Depot, the world’s largest crypto ATM operator, on their successful inclusion in the NASDAQ trading system. This remarkable achievement follows their transaction with special purpose acquisition company (SPAC) GSR II Meteora (GSRM). Bitcoin Depot’s expansive network of over 6,000 crypto ATMs across the United States, commanding…

Healthcare in the Metaverse

Blockchain Law Updates

Article by: Girogia Giordani When it comes to thinking of sectors that benefit from the transformative power of technology, healthcare is probably on the front line. The connection between healthcare and technology is not new, and the success of the synergy between the two sectors is linked to better care and diagnosis, improved patient experience,…

Zuber Lawler Instrumental in Socios Fan Token Sponsorships with 13 NFL Teams

Blockchain Law Updates, Blockchain Law Updates - Featured

Zuber Lawler client Socios has announced its partnership with 13 NFL teams. This announcement was a long time coming and based on a great deal of work in which we played an instrumental role.  Key contributors included: Josh Lawler, James Boyajian, Sarah Fernandez, Jennifer Kuhn, Dariya Cherkasskaya, and Renee Boyce.  We look forward to conducting…

Uncensored Crypto | 9-Part Docuseries

Blockchain Law Updates, Press

Uncensored Crypto has released a 9-part docuseries that features Zuber Lawler partner, Josh Lawler. The free docuseries will include 56 industry insiders who share their raw, unfiltered, and uncensored insights into the crypto revolution. In these explosive, controversial, and never-seen-before interviews they reveal: What’s next for crypto… the assets they own… the risks and rewards…

Non-Fungible Tokens

Blockchain Law Updates, US Law Updates

From “The Matrix” By Josh Lawler The concept of the collectible is fundamental to the human spirit. Children start collecting things before they can walk. The fascination with collecting only increases as we get older. For most, a collection is fairly simple. Baseball cards, luxury cars, toys, comic books, art, merit badges; sure; but people also…

Zuber Lawler represented DLT Element, LLC and Distributed Ledger Technologies, LLC

Blockchain Law Updates, Press

Zuber Lawler represented DLT Element LLC, Distributed Ledger Technologies, LLC, and related entities, in the sale of assorted assets including rights to revenue derived from Bitcoin mining activities, equity and derivative securities and digital assets including tokens, SAFTs and rights to receive tokens pursuant to smart-contract lock-up release to Element ASA, a Norwegian entity listed…

Phantom Tax Consequences on Receipt of Digital Assets by Airdrop

Blockchain Law Updates, Blockchain Law Updates - Featured

On October 9th, 2019, the IRS released long awaited guidance on the taxation of cryptocurrency through Rev. Ruling 2019–24 and an associated FAQ, including their guidance on treatment of airdrops. The IRS takes the controversial position that the airdrop equates for taxation purposes to a dividend. As a corollary, an involuntary (and perhaps unknowing) recipient of an airdropped…