Shipkevich Bitcoin and ICO Attorney
Felix Shipkevich May 28, 2020

The FBI is anticipating a rise in scams involving cryptocurrency related to the COVID-19 (coronavirus) pandemic; it’s, therefore, warning the public to be on the lookout. “Fraudsters are leveraging increased fear and uncertainty during the COVID-19 pandemic to steal your money and launder it through the complex cryptocurrency ecosystem,” the FBI said in a statement. […]

Felix Shipkevich May 28, 2020

On April 3, 11 class action lawsuits were filed in the Southern District of New York against four crypto-asset exchanges and seven digital token issuers. The plaintiffs allege that the defendants offered and sold billions of dollars of unregistered tokens and other financial instruments to investors in violation of federal and state securities laws.  According […]

Felix Shipkevich January 17, 2020

On November 15, at the Chainalysis Blockchain Symposium, Financial Crimes Enforcement Network (FinCEN) Director Kenneth Blanco spoke about the issue of “regulatory clarity,” the value of Bank Secrecy Act (BSA) data, FinCEN’s Funds Travel Rule, Stablecoins and Anonymity-Enhanced Cryptocurrencies (AECs) and opportunities for private sector engagement with FinCEN. They were his most extensive remarks since […]

Felix Shipkevich October 14, 2019

Last week, the leaders of the U.S. Commodity Futures Trading Commission, the Financial Crimes Enforcement Network, and the U.S. Securities and Exchange Commission (the “Agencies”) issued a joint statement to remind persons engaged in activities involving digital assets of their anti-money laundering and countering the financing of terrorism (AML/CFT) obligations under the Bank Secrecy Act […]

Felix Shipkevich October 14, 2019

The immediate suspension of the website, OhioCrypto.com, was announced by Ohio Treasurer Robert Sprague in a meeting of the State Board of Deposit in Columbus, Ohio, earlier this month. The State Board of Deposit, at the recommendation of Treasurer Sprague, has asked the Ohio Attorney General for a formal opinion on whether the payment method […]

Felix Shipkevich July 30, 2019

Facebook’s move to roll out an entirely new cryptocurrency—a stablecoin known as Libra—has been the subject of speculation for years. Now, the cryptocurrency in question has emerged, and brought with it a host of new possibilities, questions, and even speculations to go along with it. Some have even suggested that Libra may ultimately pose a […]

Felix Shipkevich July 30, 2019

Just a year ago, the Banking Department of the Vermont Department of Financial Regulation issued a position that was to prove difficult for money transmitter operations. The position in question focused on money transmission law and noted that the law did “…not exempt a payment processor an agent of a payee from licensure.” This law […]