Recently, the federal Office of the Comptroller of the Currency announced that it is now accepting applications for national bank charters from nondepository banking institutions. Continue reading for a link to our detailed client alert on the parameters of the charter.
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Litigation
Private Plaintiff Lawyers Are Actively Targeting ICOs
By Scott H. Kimpel & Mayme Beth Donohue on
Posted in Initial Coin Offerings, Regulatory
While ICO issuers have understandably been focused recently on the latest pronouncements from the SEC and other regulators, a second group of potential litigants has largely avoided notice. Seeing a potential bonanza, private plaintiffs law firms have become aggressive in soliciting disgruntled investors as clients and filing lawsuits against issuers of digital tokens. …
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