Law and the Blockchain

It is becoming increasingly clear that blockchain technologies and cryptocurrencies will change the way we live our lives and do business.  Blockchain technology and the value of cryptocurrencies have grown rapidly over the last five years. Unfortunately, this rapid growth has become a magnet for unscrupulous practices and fraud. Our firm has a proven track record of helping investors and consumers that have suffered financial losses as a result of such conduct.

If you have suffered financial losses as a result of investing in, buying, trading, or using cryptocurrencies please feel free to reach out for a free consultation. By standing up to protect your rights, you are not just giving yourself an opportunity to recover your losses. You are also helping make sure that others do not fall victim to the same conduct by bringing it to light and showing unethical businesses and people that there is a steep cost associated with their bad conduct.

results

Our experience and results speak for themselves. In addition to the class action cases below, we have helped investors recover millions of dollars in confidential settlements.

  • Tezos ICO. We filed the first case alleging that the sale of pre-functional tokens through an ICO violated U.S. securities laws and obtained a $25 million settlement on behalf of investors in the ICO.

  • Centra ICO. We were appointed co-lead counsel and obtained a $3.1 million judgment against Centra Tech on behalf of the largest investor in the Centra ICO.

  • Unikrn ICO. We brought a securities class action alleging that the sale of UKG violated U.S. securities laws. The case was resolved after Unikrn agreed to pay a $6.1 million penalty to the SEC to be distributed to investors in the ICO.

  • Ripple. We were appointed co-lead counsel in the ongoing securities class action alleging that Ripple Labs, its subsidiary, and its CEO violated state and federal securities laws by selling unregistered XRP token securities. We obtained a favorable ruling on Defendants’ Motion to Dismiss allowing most claims to move forward.