Court filings reveal DOJ is investigating Fintech’s management of PPP loans
A federal lawsuit filed by a fintech company revealed that it has been under investigation by the Department of Justice (“DOJ”) regarding its Paycheck Protection Program...
Tagged: lawyers
A Regulatory Overview of Fintech Fundraising Platforms in Malaysia
1. The rise of Fintech 1.1 In this digital age, financial technology (“fintech”) has been increasingly embraced as both businesses and consumers move to digital solutions,...
Blockchain technology: Don’t throw the baby out with the bathwater!
Blockchain technology, which underpins cryptoassets, is revolutionary because it is the opposite of conventional software design. Data is not recorded and stored in a central database,...
UK courts allow service of documents via Blockchain
For the first time in Great Britain, i D’Aloia v Persons Unknown, Binance Holdings Limited & Others, the High Court of England and Wales granted an...
Top Holders of Blockchain Patents
As we noted in our post last year on the state of blockchain patent litigation, thousands of blockchain-related patent applications are being filed with the US...
DOJ charges six people with NFT fraud
On June 30, the DOJ charged six people in four separate cases with a fraudulent NFT trading scheme. The first case alleged that an individual committed...
The English Supreme Court allows the service of documents via the blockchain
In a significant move, the Supreme Court has allowed the service of documents via the blockchain. Technology conflicts Louise Norbury-Robinson and Jack Heward offer their insights....
Service of process via NFT airdrop? So cool! But I have a question…
I have now seen two cases of courts authorizing service of legal process through the delivery – or “airdropping” – of non-fungible tokens (NFTs) to the...
Blockchain Bites: US Treasury Releases Responsible Cryptoregulation Framework; US Fed deputy pushes for cryptocurrency reform; Shanghai’s new metaverse development fund; Celsius plunges into bankruptcy; NFTs stolen in phishing attacks
The US Treasury publishes a framework for responsible development of the regulation of digital assets The US Treasury Department has issued a framework for cryptocurrencies designed...
International financial service centers and opportunities for the fintech sector
1. What are International Financial Services Centers (“IFSCs”)? IFSCs have been envisioned by the Government of India as a special economic zone and financial center located...