About This Course
This CLE program covers the basics of the intersection between “cryptocurrencies” and the federal securities and commodities laws.
The title of this program comes from Samuel 2, 1:19. Why this title is apt should be obvious to anyone knowing of recent events in the world of crypto. The program discusses the allegations against Samuel Bankman-Fried, the former CEO of a group of companies known as “FTX,” by the U.S. Department of Justice, the Securities and Exchange Commission and the Commodities Future Trading Commission, and it uses those allegations as a basis for discussing some of the legal implications of crypto.
This program does not seek to stigmatize or glorify crypto. It accepts crypto as a reality. It is intended to give attendees an overview, as of early 2023, of what crypto is and whether and how crypto is subject to regulation under the federal securities and commodity laws as presently written.