THOROUGH INTERNAL CRYPTO RESEARCH
As a policy, our law firm will not draft legal opinions for clients until we have conducted a thorough internal research audit of the client’s project and have examined applicable case law and codified regulations with respect to the project in question. After such an analysis, we will inform the client of our findings as whether or not we are willing or able to draft a legal opinion to reflect our analysis. We find that it is best practices to retain the extremely knowledgeable crypto-focused attorneys at Wolfe Miglio to perform an analysis of your project from a securities standpoint even if you do not intend on listing your project on an exchange, since it will allow you better understand the applicable laws and regulations which do, or could, apply to your ideal.
TAKE PROPER MEASURES, TALK TO WOLFE MIGLIO TODAY
We very often see foreign attorneys, individuals, and law firms performing this type of analysis on projects only to misinterpret or misunderstand applicable law, or to simply churn out a legal opinion without proper consideration for the American regulatory climate. Therefore, we strongly suggest that you have any securities analysis on projects with American investors, offerings, teams, or corporate entities done by competent attorneys who are licensed and barred in the United States. Our laws regarding the classification of securities can be quite different from the rest of the world and the risk of violation can be significant. Take the proper measures to keep yourself and your project running smoothly and compliantly. Call Wolfe Miglio.
