Coinbase, the largest cryptocurrency exchange in the US, hit the public market through a direct listing of 114,850,769 shares on the NASDAQ with an initial valuation of $100 billion. For many investors, jumping into this market happened a long time ago through sales of centralized exchange tokens. Binance’s BNB and FTX’s FTT are just a
Braden Perry Highlighted in Blockworks Article on Coinbase’s Pre-IPO Valuation and Regulatory Uncertainty
In December of 2020, Coinbase announced it had filed preliminary private paperwork with the Securities and Exchange Commission to go public. Within days of this announcement, derivatives exchange FTX created a synthetic Pre-IPO futures contract that went as high as $317. At its peak, the exchange’s implied market cap hit a valuation of over $75
Decrypt featured Braden Perry, among other experts, in an article on why banks block cryptocurrency transactions. Over a decade after the inception of Bitcoin and most banks continue to block cryptocurrency transactions. The reason for this varies between jurisdiction and bank. Some banks are choosing to block crypto transactions for legal reasons. For example, China
Gizmodo featured Braden Perry, among other experts, in an article on the recent TikTok viral video on Dogecoin. Dogecoin is a cryptocurrency featuring a Shiba Inu as its logo, similar to the “Doge” internet meme. It was first introduced as a “joke currency” back in 2013, but after developing its own online community, reached a
Braden Perry Featured in Cointelegraph Article on Decentralization and Security Issues with Decentralized Apps
On January 9th, on Cointelegraph posted an article discussing Google and Apple’s flip-flop on Crypto. The proliferation of Decentralized Apps (“DApps”) and the lack of regulatory clarity creates a headache for tech giants. Among other experts, Braden Perry discusses security issues and regulation with (“DApps”). “Regulation is inevitable. How it will affect crypto depends on
Cointelegraph Features Perry’s Expertise in Article on Roche Freedman’s Lawsuit Against Tether and Bitfinex
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
Braden Perry, a regulatory and enforcement attorney that works in areas of novel and emerging technology with a financial focus, was featured in Finance Magnates year-end review on the regulatory inaction in cryptocurrency. “The major takeaway is the regulatory treatment is (still) unclear for cryptocurrency,” he told Finance Magnates. “It seems as if every federal
Back when Bitcoin was generally unknown and trading for less than $1,000, Kennyhertz Perry, LLC was featured in the Kansas City Business Journal as embracing the technology and accepting cryptocurrency as payment for legal services. We were early adopters of the technology, and our clients saw the benefit. We continue to represent clients in setting
Kennyhertz Perry partner Braden Perry lead an educational and interactive training at the Nebraska Attorney General’s office focusing on legal implications of Bitcoin and other emerging issues related to block chain technology. The Office of the Attorney General, and personnel from the Nebraska Highway Patrol, Nebraska Department of Revenue criminal investigators, and Homeland Security participated in an interactive training by Perry, and representatives from Coinbase and Chainalysis, discussing criminal, fraud, and consumer protection issues with the emerging technology. The daylong event occurred in Lincoln on May 16, 2016.
Kennyhertz Perry’s Braden Perry was invited to speak at the Conference of Western Attorneys General 2016 Digital Currency Symposium on February 4 and 5 in Park City at the Montage Deer Valley. CWAG will have 5 AG’s along with 9 of their senior staff representing 9 states and the District of Columbia attending the symposium. Mr. Perry will speak to this distinguished group on potential users of digital currencies, distributed ledgers and the Blockchain; and security and consumer protection issues related to digital currencies. The Digital Currency Symposium fosters relationships with responsible industry players, law enforcement officials and regulators with the goal of facilitating the sharing of information which will assist policy makers in the construction of regulatory and legislative interpretations beneficial to all involved.
Braden Perry recently became a Digital Currency Council Certified Professional by passing the DCC certification exam. The exam is administered by the Digital Currency Council and is the industry recognized designation of competence and professionalism in the digital currency economy. Successful candidates for DCC Certification have demonstrated competency in the six core competency areas of a digital currency professional, including: Origins & Technical Underpinnings; Properties & Monetary Implications; Practical Use; Ecosystem; Accounting & Finance; and Regulatory & Legal.
In a recent Motherboard Vice News article, Kennyhertz Perry’s Braden Perry discussed the latest in the Ross Ulbricht trial and verdict. Ulbricht was on trial for federal law violations related to actions and control over Silk Road, an online black market shuttered in October 2013. Ulbricht has requested a new trial and, according to Perry, was not unexpected