How a Disgraced Financier Defrauded His Investors—and His Own Mother

Notably, the SEC did not take the position that any particular cryptocurrency asset was a security, but rather that the investment in the funds satisfied the security requirement, said David Oliwenstein, formerly with the SEC’s Division of Enforcement and now a partner at Pillsbury Winthrop Shaw Pittman.

       

Notably, the SEC did not take the position that any particular cryptocurrency asset was a security, but rather that the investment in the funds satisfied the security requirement, said David Oliwenstein, formerly with the SEC’s Division of Enforcement and now a partner at Pillsbury Winthrop Shaw Pittman.