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Based in New York City, Katherine is an early-stage investor at Notation Capital. Her interests are in crypto, tech, law, and other areas of her life that she finds interesting.

Dissecting the Block.one Settlement with the SEC

Dissecting the Block.one Settlement with the SEC

As you all may know, Block.one, famous for raising a $4 billion ICO in 2017, announced a settlement with the SEC today.

👉🏻 DOWNLOAD THE ANNOTATED SETTLEMENT AND WAIVER LETTER HERE.

Immediately, questions around the settlement started pouring in: why did Block.one “only” have to pay a $24 million fine in the settlement? What did the SEC find that Block.one violated? How the hell did they even get away with “just” having to pay a fee, and keep operations as is?

To understand those questions, I read both the settlement order, as well as the waiver letter that Block.one’s lawyers wrote to the SEC. I have almost no words except..holy shit, those lawyers are good. Take a read here…i’m sure you’ll come to a similar conclusion. Let me know what you think. I might post something longer tomorrow when I can write coherent sentences again…

Katherine

The 130+ page Annotated Guide to Kik's answer to the SEC's complaint

The 130+ page Annotated Guide to Kik's answer to the SEC's complaint