Bitcoin Rebounding Following Security Breach

Bitfinex is a Hong Kong-based digital currency exchange – one of the world’s leading such exchanges, and the self-proclaimed largest exchange by volume for trading bitcoin against the US Dollar.  On August 2, 2016, Bitfinex halted trading after discovering a security breach, including by taking its website offline and suspending…

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Logos Seeks Accredited Investors In Bitcoin Fund

On February 26, 2016, Logos Capital Fund, LLP (“Logos”) filed with the Securities and Exchange Commission (“SEC”) a Form D Notice of Exempt Offering of Securities.  As its Form D indicates, Logos is soliciting investments of at least $25,000 for its pooled investment fund.  Logos claims an exemption from publicly…

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Bitcoin and Bullets: An Unexpected Alliance

At first blush, one might not expect the digital currency and firearm industries to have much in common – when was the last time you heard someone utter Bitcoin and guns in the same breath?  Recently, however, the two industries’ interests have aligned, and the pro-Second Amendment lobby’s efforts might…

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European Securities Regulator Calls for Information Concerning Virtual Currency

On April 22, 2015, the European Securities and Markets Authority (“ESMA”) – the European Union’s (“EU”) securities watchdog agency – issued a formal call for evidence regarding investments using virtual currency or distributed ledger technology. ESMA is an independent EU authority responsible for safeguarding the stability, integrity, transparency, and efficiency…

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