Cryptocurrency Miners I“rate” At Energy Rate Decision

By James Gatto on March 30, 2020 Posted in Cryptocurrency

A Washington state federal court recently addressed claims relating to rates that cryptocurrency mining companies pay for electricity in Grant County, Washington. The court rejected all of the miner’s legal claims. The dispute focused on the rate classification that this utility applied to crypto miners as explained below. Due to various risks, the electric utility … Continue Reading

Security Tokens — A Superior Platform for Securities Holding and Trading

By James Mercer and James Thompson on November 30, 2018 Posted in Blockchain, CryptoAssets, Cryptocurrency, SEC

The use of digital securities or security tokens has coincided with the explosion of crypto-currencies and efforts to establish Internet-traded coins or tokens with utility as a form of currency. Lost amidst the enthusiasm over the revolutionary implications of crypto-currencies is the simple fact that security tokens which use block-chain technology and smart contracts have … Continue Reading

Is there a Unicorn Among ICO Issuers?

By James Gatto on August 23, 2018 Posted in Blockchain Games, Cryptocurrency, Initial Coin Offerings

The United States Securities and Exchange Commission (“SEC”) has indicated that nearly all initial coin offering (“ICO”) filings they have seen are securities offerings. Based on this expansive view, it may be more likely to find a Unicorn than an ICO that is not a securities offering. Ironically, a recent lawsuit was filed against Unikrn, … Continue Reading