Recent Blockchain Class Action Settlements Provide Tips for Future Cases
Program Number
Program Date
CLE Credits
This webinar examines two class actions and their recent settlements involving companies engaged in Initial Coin Offerings of blockchain tokens in 2017; Tezos Foundation and ATBCoin. By looking at the different circumstances and outcomes of the two cases with a $25 million settlement in Tezos and a $250,000 settlement in ATB Marc Powers and Joanna Wasick discuss what the implications may be for future class action settlements against issuers of cryptocurrencies, specifically those involving foreign defendants. Upon a closer look, the Tezos and ATB cases can show parties in ongoing ICO class actions that less obvious, and less traditional, defenses and issues, which are specific to the nature of ICOs and blockchain technology, may well be the difference between a significant settlement and a trivial one.
Available in States
- California
- Georgia
- New Jersey
- New York
- Texas Self Study
Program Categories
- Administrative Law & Regulations
- Banking & Finance Law
- Business Organizations & Contracts
- Cryptocurrency
- Federal Courts
- Financial Regulatory
- Financial Services
- In-House Counsel
- Regulatory and Administrative Law
- Securities & Investing
- Securities and Antitrust Litigation
PROGRAM CREDITS
- Areas of Professional Practice : 1 Credit
