Statutory Seller / Underwriter Liability
Description
Statutory Seller / Underwriter Liability in crypto refers to legal responsibilities under securities laws for those who sell or underwrite token offerings. If a token is deemed a security, sellers and underwriters can be held liable for misleading statements or omissions in the offering process, potentially facing fines or legal action.
Tracked Developments
Owen v. Elastos Foundation (Elastos Class Action)
Owen v. Elastos Foundation (Elastos Class Action)
Settled
Parks v. Bitconnect
Parks v. Bitconnect
Settled
Patterson v. TerraForm Labs Pte Ltd. (Terra [Luna] Class Action)
Patterson v. TerraForm Labs Pte Ltd. (Terra [Luna] Class Action)
Motion to Dismiss
Risley v. Uniswap Labs (Uniswap Class Action)
Risley v. Uniswap Labs (Uniswap Class Action)
Appeal
SEC v. Sun
SEC v. Sun
Motion to Dismiss
SEC v. Telegram
SEC v. Telegram
Settled
SEC v. TerraForm (Luna)
SEC v. TerraForm (Luna)
Settled
SEC v. Thor
SEC v. Thor
Settled
SEC v. Tomahawk
SEC v. Tomahawk
Settled
SEC v. TradeStation Crypto, Inc.
SEC v. TradeStation Crypto, Inc.
Settled
Underwood v. Coinbase Global Inc.
Underwood v. Coinbase Global Inc.
Settled