Top Tweets for #CardozoBlockchain
I didn't understand the last two questions sorry. That's a wrap here at @HeymanCenterCLS #CardozoBlockchain
McGowan says he "can't really answer [his] question" usefully; laws were designed to have a trusted intermediary, if participants don't want a trusted intermediary it's a "square peg in a round hole." #CardozoBlockchain
Audience Q&A time. First up is @NYcryptolawyer asking about bearer instruments: "bearer instruments are generally not possible ... what would an example of a security that was transferred with a private key that wasn't otherwise an invalid bearer instrument?" #CardozoBlockchain
#RT @coindesk: RT @nikhileshde: Even when I gave that speech about bitcoin and ether, we said 'ether as it is now,' Hinman says. He can see circumstances where ether may be packed in some kind of product that looks like a security #CardozoBlockchain
#RT @coindesk: RT @nikhileshde: Good evening folks. I'm at the Cardozo Law School, which is hosting the Second Annual Blockchain and the Law Conference with @JonesDay tonight. My tweets for @coindesk start here #CardozoBlockchain
Gordon bringing up Section 354 (which was used in the Bitfinex case). Castiglione: It is a vehicle for a pre-action application to the court for documents and examination ... I believe it is original to the Act from 1921 "but don't quote me on that." #CardozoBlockchain
Castiglione won't speak more to this case, which most recently saw a judge rule that @bitfinex and @tether must turn over docs, etc (defendants have appealed) https://t.co/FnK4cwwW4j #CardozoBlockchain
Difficult to give an answer to that, Herring says -- NYDFS has different divisions which each have their own definition for their purposes. "W/r/t to virtual currency companies, it does count as doing business in New York if one of the parties is in New York." #CardozoBlockchain
.@NewYorkStateAG has both a criminal and civil enforcement sections, Castiglione says. He's mainly in the civil side of things; has anti-fraud authority but no regulatory authority (regulatory is more @NYDFS). #CardozoBlockchain
Next panel: "Blockchain from an Enforcement Perspective," moderated by Harold Gordon and Stephen Obie of @JonesDay and ft. @NewYorkStateAG's John Castiglione (is in the Bitfinex case), Neel Chopra of @CFTC Enforcement & Justin Herring of @NYDFS #CardozoBlockchain
.@awrigh01 asks what advice Hinman might have for projects; Hinman says maybe launch a functional network before fundraising with it (though he acknowledges this may be difficult) [this is heavily summarized] #CardozoBlockchain
Even when I gave that speech about bitcoin and ether, we said 'ether as it is now,' Hinman says. He can see circumstances where ether may be packed in some kind of product that looks like a security #CardozoBlockchain
Hinman is quickly summarizing the last two years of the SEC's work -- DAO report, FinHub, etc #CardozoBlockchain
We're very conscious of making [regulations] work well for companies in the various stages of their life cycle, Hinman says. Private placement market is getting bigger, so avg investor is getting increasingly cut out. #CardozoBlockchain
.@awrigh01 is kicking things off with @SEC_News CorpFin head William Hinman (he of the famous When Howey Met Gary speech). Hinman's explaining what his division does within the SEC #CardozoBlockchain
Good evening folks. I'm at the Cardozo Law School, which is hosting the Second Annual Blockchain and the Law Conference with @JonesDay tonight. My tweets for @coindesk start here #CardozoBlockchain
Today the #CardozoBlockchain Project released its 1st report. Kudos to project director @awrigh01 & contributors @PatBeraducci, @MattCorva, @NYcryptolawyer, #RachelEpstein, #JoyceLai, #JoshuaAshleyKlayman, #GabeShapiro, #LeeSchneider, & #JonathanRohr
https://t.co/A6YXkJLKZJ

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