Tagged: timothy enneking

U.S. Law Firm Sued for Advising “Crypto Assets are Not Securities”

January 3, 2020 @ 4:38 pm By Cali Haan |

A Delaware-registered company called Digital Capital Management is suing law firm Faegre Baker Daniels for allegedly providing “erroneous” legal advice in 2017 that greenlit establishment of a cryptocurrency/digital token investment fund. The story was broken by Bloomberg Law. The fund, Crypto Asset Management LLC (CAM),… Read More

SEC Levels Charges Against Digital Asset Fund Manager in First Ever Crypto Enforcement Action

September 11, 2018 @ 12:41 pm By JD Alois |

The Securities and Exchange Commission (SEC) has taken its first-ever enforcement action against a hedge fund manager based on its investments in digital assets. The SEC has issued an Order finding Crypto Asset Management LP (CAM) as operating as an unregistered investment company. The SEC… Read More