Looking at securities fraud in crypto, what makes a lawyer worry, and the famous ‘uncertainty principle’

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City AM

By Darren Parkin This month we are going to follow the herd and look at US securities laws. These are the most famous laws in crypto and they apply in England because a US citizen holding a token issued by anyone, including an English company, brings the issuer into US scope. When Avi Eisenberg took to Twitter last year to say: “I believe all of our actions were legal open market actions, using the protocol as designed, even if the development team did not fully anticipate all the consequences of setting parameters the way they are,” he was saying that he had considered the securities laws tha…

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