On July 27, 2022, Partner Teresa Goody Guillén is quoted in a TruthDAO Newroom article titled “SEC Crackdown on Crypto Assets: Is a Showdown over Ether Next?” Earlier in July, the SEC filed insider-trading charges against a former employee of crypto trader Coinbase, plus two other people. The SEC asserts that some tokens traded on Coinbase are securities. The article asks whether Ether, another cryptocurrency, will be a target. Goody Guillén says the SEC's action was a wake-up call for the crypto world. "This case sent a shockwave through the blockchain industry, and I would not be surprised if there are further enforcement shockwaves this year,” she says.
Read the article.