Blockchain and Digital Assets

To view our capabilities slipsheet, please click here.

• Advised Dubai's Virtual Assets Regulatory Authority (VARA) on the world's first regulatory framework designed specifically for virtual assets. 
• Advising Bullish Global on US money transmission, securities and commodities considerations for its exchange-related activities, including its application for a New York BitLicense under the New York Department of Financial Services (NYDFS) framework. 
• Working with digital asset exchange operator Archax Limited to develop an institutional market for digital securities, including establishing the first regulated digital multilateral trading facility (MTF). Archax became the first digital securities exchange and custodian authorized by the UK Financial Conduct Authority (FCA).
• Advising a leading global financial institution on the design and deployment of a first-in-class, cross-border blockchain framework for registering and transferring ownership and security interests in tokenized carbon credits.
• Advising one of the world's largest stablecoin issuers on the global issuance of a first-of-its-kind interest-bearing stablecoin.
• Advised WSPN on its US market entry and stablecoin launch, including compliance with money transmission, securities and commodities laws. 
• Advising Western Alliance Bank on integrating stablecoin-backed lending solutions in compliance with applicable regulation. 
• Advising Figure Technologies on the development, regulatory framework and contracts for a blockchain-based eVault platform that records, holds and transfers digital home equity lines of credit (HELOCs). 
• Advising a publicly traded financial services company on a PIPE transaction involving up to US$600 million in convertible debentures, with a significant portion of proceeds earmarked for digital asset acquisitions. The structure includes a perfected security interest in the digital assets through a tri-party control agreement with a qualified digital asset custodian.
• Advised TokenFunder on the first initial token offering approved by the Ontario Securities Commission. 
• Advised Injective Foundation, a Layer 1 blockchain platform focused on Web3 financial infrastructure, on establishing a US$100 million digital asset treasury through a private investment in public equity (PIPE) transaction with Pineapple Financial Inc. The work covered securities law compliance, transaction structuring and cross-border regulatory issues. 
• Represented Michael Egorov, founder of the Curve Decentralized Autonomous Organization (DAO), against three crypto venture capital firms alleging trade secret misappropriation and securities fraud and seeking more than US$150 million in equity and CRV tokens. 
• Won a published appellate victory for a leading cryptocurrency exchange, affirming summary judgment dismissal of claims relating to the platform's decision not to support certain blockchain fork assets.
• Defeated a motion for a preliminary injunction in Zamfir v. CasperLabs that sought to block the launch of the Casper blockchain and the sale of more than US$100 million in CSPR tokens. 
• Represented HBTPower in a Bitcoin mining dispute with Mohawk Energy, securing a US$51.5 million arbitration award for breach of contract and related claims. 
• Representing Maps Vault in the FTX Chapter 11 proceedings on claims exceeding US$520 million for tokens deposited on the exchange. After expert discovery and a multi-day evidentiary hearing, the Delaware Bankruptcy Court rejected FTX's valuation methodology in its entirety. 
• Representing Pulsar Trading, a member of the Official Committee of Unsecured Creditors in the FTX Chapter 11 proceedings, on reconstructing crypto asset records, claims relating to digital token holdings, and litigation against FTX insiders. 
• Representing a creditor serving on the Official Committee of Creditors in the Chapter 11 proceedings of BlockFills, the first newly filed cryptocurrency-related Chapter 11 case in more than three years. 
• Represented HBIT Limited, a Hong Kong-based digital asset platform, in an FTX adversary proceeding in which the estate sought to recover more than US$60 million tied to crypto transactions involving HBIT, Huobi Global and Justin Sun.