Massive wake-up call | Crypto faces growing legal crackdown


Stephen Palley was quoted August 17 in a Politico article about enforcement actions that are fueling the debate about how cryptocurrency players fit into financial regulations.

. . . . Lawyers tracking the cases said they showed that, even though some digital assets businesses assert certain laws don't apply to them, that doesn't stop the government from taking action.

"We've all been telling our clients and we've been telling people publicly for years that just because you come up with some name for something doesn't mean that the laws don't apply," said Stephen Palley, partner at the law firm Anderson Kill. . . .

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