“There was no fair notice that the SEC would attempt to pursue claims like those alleged here – reaching global contests and giveaways, free airdrops, and secondary trading in tokens (issued overseas, years earlier) on a developing blockchain, with few specific ties to the United States,” the filing said.
ABOUT AUTHOR
CATEGORIES
- Seven & i may set up a holding company for non-core assets, says Yomiuri By Reuters
- Former Pfizer executives not involved in Starboard campaign against drugmaker According to Reuters
- Home Depot will force corporate employees to work shifts in stores
- Berkshire Hathaway raises $1.9 billion in bond deal, according to a futures spreadsheet by Reuters
- China’s central bank launches 500 billion yuan swap facility to help stock market By Reuters
- SME: no foreclosure or prepayment fees for SME loans
- TD Bank faces a $3 billion fine and growth restrictions on U.S. settlements, reports WSJ By Reuters