Tag Archives: Howey

Digital token ruled a security under the Howey Test, for now

By Maxwell J. Eichenberger and C. Neil Gray on 2 July 2018 Posted in In the Courts

With the plaintiffs’ bar setting its sights on initial coin offerings, a body of precedent will soon develop analyzing digital tokens under U.S. securities laws. Last week, United States Magistrate Judge Andrea M. Simonton began developing that body of law in Rensel v. Centra Tech, Inc., No. 17-CV-24500, 2018 BL 227097 (S.D. Fla. June 25, … Continue Reading