2nd Circ.'s Binance Locus Test Adds Risk For Blockchain Cos.

[Gunnar Larson]

2nd Circ.'s Binance Locus Test Adds Risk For Blockchain Cos.
<https://www.law360.com/banking/articles/1814879?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-03-21&read_main=1&nlsidx=0&nlaidx=15>

The Second Circuit’s recent use of the irrevocable liability test to rule a
class action may proceed against decentralized crypto exchange Binance
heightens the possibility that other blockchain-based businesses with
domestic customers and digital infrastructure will find themselves subject
to U.S. securities laws, say attorneys at Holland & Knight.

 Opinion attached | Read full article »
<https://www.law360.com/banking/articles/1814879?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-03-21&read_more=1&nlsidx=0&nlaidx=15>
 | Save to favorites »
<https://www.law360.com/banking/articles/1814879?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-03-21&read_later=1&nlsidx=0&nlaidx=15>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: not available
Type: text/html
Size: 2237 bytes
Desc: not available
URL: <https://lists.cpunks.org/pipermail/cypherpunks/attachments/20240321/0dcd4e1a/attachment.txt>