Cointelegraph asked Braden Perry’s opinion on the legalities of the lawsuit, in newest article. Roche Freedman’s New York based legal firm filed a class-action lawsuit against stablecoin firm Tether, and digital currency exchange Bitfinex in early October. The lawsuit states that Tether’s claim of all it’s Tether tokens being backed by even amounts of US
Kennyhertz Perry, LLC Partner, Braden Perry was featured as one of several Blockchain experts in two Disruptor Daily articles on Blockchain in the agriculture industry. Perry discussed growth and the future of Blockchain in agricultural businesses. Perry has extensive experience advising clients in agricultural business and Blockchain, particularly in enforcement matters involving complex emerging and
Yesterday, October 9, the Missouri Department of Agriculture released proposed rules for the Missouri Industrial Hemp Program. These rules, required by Missouri Senate Bill 133, will amend existing regulations and transition Missouri’s hemp program from a research program authorized under the 2014 Farm Bill to a full industrial program authorized under the 2018 Farm Bill.
Kennyhertz Perry’s Mit Winter was quoted in an article regarding California’s new law allowing college athletes to be paid for the use of their name, image, and likeness. “Law Firm Kennyhertz Perry has what I think is a reasonable possible prediction: By using the term “tethered to education” in its release, it’s clear that any
Yesterday, in a historic vote, the U.S. House of Representatives overwhelmingly passed the Secure and Fair Enforcement (“SAFE”) Banking Act (House bill HR 1595), which would essentially provide state-legal marijuana businesses with full access to banks and other financial services, as well as allow consumers to use credit and debit cards when buying legal marijuana.
Kennyhertz Perry, LLC Attorney Jon Dedon was recently featured on 41 Action News regarding the medical marijuana industry in Missouri. It’s currently illegal to transport marijuana seeds into the state, and growers need to acquire seeds in order to start their potential businesses. You can watch the story in the link below: https://www.kshb.com/news/local-news/unofficial-immaculate-conception-policy-turns-blind-eye-on-transporting-marijuana-seeds-into-mo About Kennyhertz
It is a popular misconception that the 2018 Farm Bill legalized the interstate transportation of hemp. The 2018 Farm Bill legalized the interstate transportation of hemp only for hemp produced in compliance with a state’s industrial hemp program that has been approved by the USDA. Because the USDA hasn’t approved any such programs (or issued
CFTC Fines Registrant for Cybersecurity Violations
The FTC announced today that it sent letters to multiple companies that sell CBD products, waring them that claims they made regarding CBD violate federal law. These “warning letters” state that it is illegal to advertise that a product can prevent, treat, or cure human disease without competent and reliable scientific evidence to support such
The Chicago Mercantile Exchange (CME) and Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against Nathan Harris, a registered trader, for fraud, unauthorized trading, and violating speculative position limits in live cattle futures contracts. It’s alleged that between January 2012 and August 2014, Harris engaged in fraud and unauthorized trading by
As it continues to move closer to becoming law, SB 206, the pending California bill that would allow college athletes to be compensated for the use of their names, images, and likenesses (NILs), has been amended. Specifically, yesterday’s amendment states that an athlete cannot enter into a contract that provides compensation for the use of
In a development that likely hinders the NCAA’s ongoing investigations into several high-profile men’s basketball programs, a federal judge has denied the NCAA’s request seeking certain materials gathered by the FBI during its college basketball investigation and used during the subsequent trial. The NCAA was seeking 24 trial exhibits and an unredacted copy of a
