Crypto, Securities, Howey Test, white-collar defense Constantine Economides Crypto, Securities, Howey Test, white-collar defense Constantine Economides

Howey Test Implications for Crypto Decisions

For years, courts viewed the “Howey” test as clear guidance as to whether a particular asset or investment was a security. Now, recent inconsistent decisions, particularly in the crypto space, have questioned that clear guidance. The effect is a rekindling the debate as to whether the term “investment contract” is void for vagueness because it fails to give people and businesses a reasonable answer as to what is or is not a security.

Read More
Crypto Riley Hiatt Crypto Riley Hiatt

Exploring Crypto Terminology: Your Complete Cheat Sheet

Decentralized Finance (DeFi): The overall ecosystem of crypto-currency and blockchain. DeFi is a response to issues with centralized financial exchanges (banks, brokerages, etc.) and uses the new technologies of crypto and blockchain to remove third party intermediaries. It allows for direct peer-to-peer financial transactions.  

Read More
Crypto, Securities, Howey Test, Constitution Constantine Economides Crypto, Securities, Howey Test, Constitution Constantine Economides

The “Howey” test and the Term “Investment Contract”

For years, courts viewed the “Howey” test as clear guidance as to whether a particular asset or investment was a security. Now, recent inconsistent decisions, particularly in the crypto space, have questioned that clear guidance. The effect is a rekindling the debate as to whether the term “investment contract” is void for vagueness because it fails to give people and businesses a reasonable answer as to what is or is not a security.

Read More