Author: Dan Stroh, Associate Member, University of Cincinnati Law Review The phrase “insider trading” does not have a positive connotation. Despite the lack of an express provision prohibiting trading on insider information, insider trading has long been prosecuted under anti-fraud provisions found in securities law regulations.[1] A recent focus by the U.S. Attorney for the... Continue Reading →
Secure Currency or Security? The SEC and Bitcoin Regulation
Author: Dan Stroh, Associate Member, University of Cincinnati Law Review The Securities and Exchange Commission (SEC) took a bold step in the regulation of virtual currencies on July 23, 2013, when it charged Trendon Shavers and his company, Bitcoin Savings and Trust (BTCST), with defrauding customers in a Ponzi scheme.[1] The defense offered by Shavers... Continue Reading →