Anonymous asked Juan Llanos, 9/18/2017 3:36:26 AM

Have you advised any clients on ICOs? If not, can you recommend law firms that are providing good guidance in this area?

In particular, wondering the scope of the legal work that needs to go into supporting a REPUTABLE ICO?  

9/18/2017 4:53:00 AM,
Juan Llanos replied:

Yes, I have. Several selected ones whom I get to know and trust after a series of conversations and considerable research (what everyone should do, I might add).

I cannot recommend anyone because this is new territory and the legal opinions so far rendered have yet to be tested in court.

Nobody can claim to be an expert (let alone junior lawyers that did not know what money transmission was four years ago). It all depends on the risk appetite of the client, and the open-mindedness and forethought of the advisor. And on everyone's reading comprehension and research skills, of course.


10/10/2017 1:15:36 AM,
Anonymous replied:

Do you have perspective on SAFT & the SAFT Project: ?