Whether it is a tangible or intangible asset the identification of provenance is important. The Cent NFT exchange looks to have halted most transactions citing ‘rampant fakes and plagiarism’ as a fundamental problem. In a market estimated at $25Billion in…
I have enclosed a very useful podcast from US Attorneys Hogan Lovells, on the application of the False Claims Act (FCA) to cybersecurity regulations in the US. The Department of Justice (DoJ) announced a cyber fraud initiative in October 2021…
The US DoJ has seized $5billion in crypto. The real interesting point is that the coin was stolen in 2017 at a value of $17million and has appreciated significant (like any investment) over the past 4 years. Assistant Attorney General…
A strong view on crypto currencies from JPM CEO. Getting behind the regulatory curve, a little jaded on crypto or just being realistic? ¢â‚¬Å“Currencies have rules of law behind them, central banks and tax authorities,¢â‚¬Â Dimon said‚ in an interview‚ with the…
When one looks at the volume of digital assets stolen it is relatively low, but their cumulative value is anything but. 16 tokens with a value of $2.28 Million underlines the growth in the NFT market and in this case…
A bit like London busses, crypto legislation in some form seems to be on the mind of a few regulators. With the Spanish and Singapore financial market regulators being given the power to regulate crypto advertising this week. The Spanish…
A great post Racheal Muldoon. Crypto asset legislation is under review by many governments, as they see the potential and challenges associated with use of crypto currency, NFTs and block chain, as innovative trading solutions. Along with their use comes…
The Capital One hack of 2019 rumbles on, as the company agrees to pay $190 Million to settle a class-action law suit. Whilst denying liability, both Capital One and AWS agree to settle to save time. ¢â‚¬Å“While Capital One and…
The Department of Justice(DoJ) is moving ahead at pace with its civil fraud initiative against government contractors that fail to comply with cybersecurity requirements. That include information security standards and cyber incident reporting obligations (DFARS 7012) and supply chain procurement…
In October this year the Department of Justice (DoJ) announced that it was putting in place a Civil Fraud initiative to enforce the False Claims Act (FCA). With a focus on organisations that fail to comply with cybersecurity standards required…
