Criminal Law

• Money Laundering
  Below are excerpts from the Bitcoin Foundation’s announcement, plus comments by Llew Claasen — one of the foundation’s principals — about why over-burdening the burgeoning blockchain industry is bad news. On Over-regulating Crypto and Fintech Startups: “The increased regulatory push by federal and state authorities, if it continues, is sure to threaten the existence of the fintech industry nationwide.” On New York’s Bitlicense Law: “Just as the fintech industry’s use of cryptocurrency was stifled in New York by the adoption of the so-called Bitlicence, it is highly likely that increased regulatory and legislative burdens [placed upon Bitcoin] will have a similar negative impact.” On Industry Uncertainty: “[The Bitcoin Foundation’s] view is that it is not yet clear what bitcoin and cryptocurrencies are. But by regulating the technology prematurely, you put it into a box it might not fit into later on. It’s not that we don’t believe there’s a time and place to regulate Bitcoin, we’re just saying that it’s too early and that regulation will just do harm to very innovative businesses and technologies.” On Criminals Using Cryptocurrencies: “Reports by the European commission in June specifically found that there is very little of that activity, particularly there is very little terrorist funding and money laundering. Bitcoin is too hard for criminals to use at the moment. It’s easier for a criminal to use the United States dollar.” On Bitcoin’s Usefulness: “Bitcoin has the potential to be a store of value that’s outside the control of central banks. In the future, we would like to see more adoption of Bitcoin. It’s not going to be the only currency, and it won’t replace the current system, but among other options it’s a useful case for the future.” On Bitcoin’s Current Limitations: “It’s immature technology. There is a perception that it allows unlimited transfer of value, but it can only do three or four transfers a second. The network cannot handle larger transactions. “ On Delaying Cryptocurrency Regulations: “I understand that regulators need to protect the currency and people from risk. [In the future] regulators will probably regulate at the end points of the cryptocurrency network. I get that, it’s inevitable. Around the world the view is the same. But governments and financial services are already struggling, as in Venezuela, and people need an alternative way.”
• Internet Crimes
  Online platforms that feature user-generated content filtered by moderators may have to find other ways to police content if a paparazzo emerges victorious in a current Internet law case.

Business and Corporate Law

• Corporate Law
  Delaware notoriously caters to corporations. (Fun Fact: There are more companies registered in Delaware than residents.) As such, the state’s early blockchain embrace isn’t surprising. As Matthew O’Toole, Delaware bar association corporate law chair, explained to CoinDesk.com: Delaware wants to stay “at the forefront of corporate law and in the lead in terms of enabling the use of ‘distributed ledger shares.'”
• Business Disputes
  Ashley Madison Settles Online Data Breach Class Action - RM Warner Law | Defamation Law, Internet Law, Business Law
• Unfair Competition
  As a partner at RM Warner, Daniel focuses the majority of his practice on litigating cases involving Internet defamation, false and misleading advertising/marketing, unfair competition and cyber harassment. Although based in Arizona, Dan Warner has litigated Internet defamation cases in California, Texas, Nevada, Pennsylvania, New York, Georgia, North Carolina and Florida, as well as numerous cases in Arizona. Mr. Warner also works on various contractual, commercial, business, real estate, Internet and Internet marketing matters.

Immigration Law

• Work Visas