Author Archive: Christopher D. Warren

Businessman using tablet online banking, exchange currency and payment.

US Lawmakers Say the SEC is Stifling Crypto Innovation

By Christopher D. Warren / March 18, 2022
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Several US lawmakers have called for the SEC to implement more progressive policies surrounding the cryptocurrency markets. These Representatives have taken to Twitter to express their frustration with the SEC’s method behind obtaining information from cryptocurrency and blockchain companies. Christopher Warren, Managing Partner at Warren Law Group states, “This call for a more innovative approach to…

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SEC Probes Major Accounting Firms

By Christopher D. Warren / March 17, 2022
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The SEC is probing several major accounting firms and questioning whether these firms consulting activities and non-audit services undermine their ability to “conduct independent reviews of public companies’ financials.” This investigation comes when the SEC is trying to implement new policies surrounding financial-market gatekeepers. While these firms are a necessary and integral piece of the…

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Cryptocurrency

Musk’s Tweets Drives Crypto Market Change

By Christopher D. Warren / March 15, 2022
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In a series of deleted tweets from the morning of March 14th, Elon Musk stated that he will not be selling his shares of Bitcoin, Ethereum, or Dogecoin despite the drastic plummet of the crypto market.  Nonetheless, Musk’s tweets sparked a 10% increase in Dogecoin but quickly dropped just hours after its peak.  It is ironic that…

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What To Watch As Musk’s Twitter Battle With SEC Plays Out

By Christopher D. Warren / March 9, 2022
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The U.S. Securities and Exchange Commission has an onerous problem with Tesla Inc. CEO Elon Musk.How does the staff enforce securities laws, with mostly draconian remedies, against one of Musk’s tweets that asked a question of a polled Twitter audience? How does the staff decide if discussing a Twitterquestion is considered insider trading? How does…

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SEC Investigating NFT Market Place

By Christopher D. Warren / March 3, 2022
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In the most recent cryptocurrency regulatory quagmire, the Securities and Exchange Commission (SEC) scrutinizes NFTs and the crypto market places they are traded. The SEC is probing NFTs to determine if they are being utilized to raise money like traditional securities are. This inquiry is yet another contributor to the everchanging debate of “if cryptocurrencies…

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Warren Law Group

Elon Musk Investigated for Insider Trading

By Christopher D. Warren / March 2, 2022
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Elon Musk has been under media scrutiny, and he is again making headlines after recently being probed by the SEC for insider trading. The investigation began last year after Musk’s brother, Kimbal, sold Tesla shares for $108 million the day before Musk asked his Twitter followers if he should sell 10% of his Tesla shares. …

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Morgan Stanley Being Investigated for Block Trading

By Christopher D. Warren / February 25, 2022
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After weeks of speculation, Morgan Stanley has confirmed that federal investigators have requested information regarding its block trading business. This news was released in Morgan Stanley’s annual 10-K report. Morgan Stanley reported that the bank has been cooperating with this investigation since 2019.  This news comes at a time when the SEC has been cracking down on Fortune…

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DOJ To Introduce First Director of the National Cryptocurrency Enforcement Team

By Christopher D. Warren / February 18, 2022
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Yesterday, the United States Justice Department announced the first director of the National Cryptocurrency Enforcement team (NCET), Eun Young Choi.  The NCET was established to identify and investigate criminal misconduct surrounding cryptocurrency and digital assets. Its primary focus is on virtual currency exchanges, mixing and tumbling services, infrastructure providers, and other entities enabling the misuse of…

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US Justice Department Seized $3.6 Billion of Bitcoin

By Christopher D. Warren / February 8, 2022
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The Department of Justice just booked the largest financial seizure of 3.6 billion dollars of Bitcoin primarily stolen in 2016 (when it had a value of ~70 million). This seizure comes right on the heels of new press releases from the SEC that intimate the promulgation of regulatory and tax regimes for cryptocurrency and blockchain…

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