The U.S. Securities and Exchange Commission (SEC) has achieved a significant legal victory in its first insider trading case based on the theory of 'shadow trading'. This precedent-setting ruling could potentially broaden the SEC's enforcement capabilities within the cryptocurrency industry, particularly following the SEC v. Coinbase case. Additionally, former SEC crypto litigation leader Ladan Stewart, who recently joined law firm White & Case, plans to develop a crypto and cyber defense practice. Stewart's move and the SEC's recent court success highlight the evolving regulatory landscape for cryptocurrencies and securities.
Takeaways for In-House Counsel from the SEC’s “Shadow Insider Trading” Trial https://t.co/nLV4A3EPhM
Takeaways for In-House Counsel from the SEC’s “Shadow Insider Trading” Trial https://t.co/A0y92g5pIF | by @MoFoLLP
Ruling in SEC v. Coinbase Sets Precedent for Broader SEC Enforcement in the Cryptocurrency Industry https://t.co/5YC6CVVmTE | by @lathamwatkins
Ladan Stewart was a lead enforcement lawyer for the @SECGov on the @Ripple and @coinbase cases, now working at law firm @WhiteCase where she apparently plans to develop a crypto and cyber defense practice. "She did concede that one of the lawsuits brought against companies like… https://t.co/AJxpnVFGug
I attended a talk last night with recently departed SEC crypto litigation leader Ladan Stewart, where she debated with @RebeccaRettig1 and @NYcryptolawyer over her agency's controversial approach. In one notable exchange, Stewart said the SEC does not view tokens as securities,… https://t.co/mcGssosEzm
The SEC Wins First Insider Trading Case Based on So-Called “Shadow Trading” Theory https://t.co/fwCe7Ckgi0
Out from the Shadows: The SEC Succeeds on Shadow Insider Trading Theory https://t.co/U89q7ixARr
A Win for the SEC on Shadow Trading. Now What? https://t.co/ggxrqQc8eB #Securities #Trading #Decision @msolis14 https://t.co/RyiMvmfA5Z
A Win for the SEC on Shadow Trading. Now What? https://t.co/ggxrqQc8eB #Securities #Trading #Decision @ArentFoxSchiff https://t.co/yp6xzRuIDj