Three of our Fintech and Blockchain practice group attorneys took a closer look at the SEC's recent Cease & Desist Order issued to Tomahawk Exploration LLC.
The SEC found that Tomahawk had violated U.S. securities laws in its 2017 Initial Coin Offering (ICO) through its offering and selling of "Tomahawk Tokens" and by making false and misleading statements in its offering documents.
Joel Telpner, Scott Kaufman and Mari Tomunen present three key takeaways for companies considering an ICO and, according to one LinkedIn comment, "this piece has more info on tokens and securities law than the last five crypto conferences I have attended - combined."
Read the blog post here.