#96 - Investment Contracts & Crypto: Takeaways from 300+ Cases with DLx Law's Freeman Lewin
Law of Code
The Importance of a Fast and Circumstance Test in Crypto
Freeman: If you just add cryptocurrency as an asset, what would happen? And it wouldn't really work very well. What happens to these post sale obligations? When does the duty to the purchaser end? He says that's why in our paper we talk about establishing a new legislative regime. Freeman: In crypto, whether miners or devs have fiduciary liability for unregistered securities transactions is sort of outside the scope of realities at this stage.
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