ConstitutionDAO Tokens Worth Over $300 Million After Disbanding

As of January 19, 2022 tokens of the now defunct ConstitutionDAO are worth over $300 million.  Last year, the ConstitutionDAO raised over $47 million for the purpose of purchasing an original copy of the U.S. Constitution at a Sotheby’s auction. In return for their contribution, the DAO issued PEOPLE tokens, which were going to represent…

Read More

SEC Cryptocurrency Enforcement Report: Analysis

A new report analyzing the SEC’s Cryptocurrency enforcement activities illustrates the regulator’s focus on Initial Coin Offerings (ICO). Notably, 70% (14/20) of SEC actions alleging unregistered securities offerings in 2021 stemmed from an ICO with 64% (9/14) alleging securities fraud against the public. “It has become increasingly common to structure an ICO, as well as pre-sale round(s), as…

Read More

The Pros & Cons of Investing in Private Equity

By Managing Partner Christopher Warren and Partner Todd Kulkin So you’re thinking of adding private equity to your investment portfolio. Rather than investing through a public exchange such as the stock market, private equity funds invest directly into private companies or buy out public companies, delisting them from the public market. Capital raised by private…

Read More

Samara Yousif, Esq. Joins The Warren Law Group

The Warren Law Group is pleased to announce Samara Yousif, Esq. as the newest associate of our firm. Samara’s varied litigation experience makes her a strong asset to our team, and to our clients. Samara will be focusing on securities and commercial litigation, regulatory compliance, and financial services law. Prior to joining Warren Law Group,…

Read More

To Incorporate or Not to Incorporate

Our next few blog posts will be dedicated to legal and tax issues affecting startups. NOTE: These posts are overviews and are not meant to replace a discussion with your attorney and/or tax counsel. The first legal issue we will look at is the first issue a startup entrepreneur is likely to confront: what type…

Read More

Warren Law Group’s Todd Kulkin Represents Non-Profit Featured in New York Post

One of Todd Kulkin’s clients was recently featured in the New York Post, telling the personal and gut wrenching story of what happened to his children and his decision to found Operation Exhale, a non-profit organization that provides help to children going through “the system.” We are proud to have Operation Exhale as a client,…

Read More

SEC’s Proposed Finder Exemptions

SEC’s Proposed Finder Exemptions In a press release on October 7th, the SEC proposed an exemption for “finders”—who are paid to assist in raising capital in private markets by connecting investors and issuers of securities—from broker registration requirements currently in place. The SEC’s stated aim of the exemptions is “to assist small businesses to raise…

Read More

Why Every Business Should Pay Attention to Privacy Laws

Electronic data collection is so ubiquitous in today’s world that it would be easier to list the aspects of our lives in which data isn’t collected by others. The COVID-19 pandemic has accelerated consumer movement into doing business virtually as health concerns increase the demand for contactless and paperless transactions. Pre-pandemic, some businesses felt no…

Read More