Finance Posts

Cross-Border Acquisition Helps Canadian Firm Gain Traction in U.S. iGaming Markets

Jan 10, 2024

Cross-Border Acquisition Helps Canadian Firm Gain Traction in U.S. iGaming Markets

A Canada-based payment technology company successfully expanded into the lucrative, and highly regulated, U.S. iGaming market by working with Ifrah Law to plan and execute the $370 million acquisition of a U.S.-based iGaming payments-processing expert. Since its founding 2003, Canadian fintech company Nuvei Technologies has grown into a potent business accelerator for clients around the…

DraftKings Should Prevail in NFT-Securities Litigation

Oct 13, 2023

DraftKings Should Prevail in NFT-Securities Litigation

In February 2022, we wrote about the extent to which NFTs could raise novel securities laws questions, invoking the case of Friel v. Dapper Labs and utility-based NFT offerings conjoined to ownership-based privileges associated with securities. A year later, in February 2023, a judge from the U.S. District Court for the Southern District of New…

Ifrah Law on Web3: Web3 Gaming

Jun 29, 2023

Ifrah Law on Web3: Web3 Gaming

What We’ve Covered In the initial two blog posts of this series, we explored the fundamentals of the World Wide Web, focusing on its iterative issues and solutions as the technology evolved. We charted the history of the Web briefly, from its early stages of relatively isolated, static, and read-based websites to today’s rather centralized,…

Ifrah Law at NFT.NYC: Web3 Gaming’s Growing Pains and Maturity

Apr 26, 2023

Ifrah Law at NFT.NYC: Web3 Gaming’s Growing Pains and Maturity

From April 12th to April 14th, NFT.NYC held its fourth inaugural event since its launch in 2019, boasting more than 1,500 speakers across seven different categories and a featured section. Moving from an array of venues spread throughout Times Square to a centralized location North Javits, Hudson Yards, the event was significantly less well attended…

Ifrah Law on Web3: Web3.0’s Solutions

Apr 19, 2023

Ifrah Law on Web3: Web3.0’s Solutions

At issue in Web2.0 was the centralization of web platforms and protocols under a user-independent authority, and therefore users’ inability to meaningfully exert control over their web experience, interactions, and data. While such a dynamic provided significant benefits in making the web accessible to a much wider population by lowering the technical barrier to entry,…

Ifrah Law on Web3: Origins of the Web

Apr 17, 2023

Ifrah Law on Web3: Origins of the Web

In parts (1) and (2) of this series, we’ll cover the basics of the Web and aspects of its technical history up to the present, and then discuss how Web3 technologists are trying to revolutionize the Web in its current iteration by solving its characteristic problems, respectively. In the following parts, (3) and (4), we’ll…

European Union Agrees On Cryptocurrency Regulation, Excludes NFTs (For Now)

Jul 28, 2022

European Union Agrees On Cryptocurrency Regulation, Excludes NFTs (For Now)

European Union policymakers have taken the next step toward enacting a scheme for regulating cryptocurrency and other blockchain-based assets, as the Council of the European Union and the European Parliament provisionally agreed to approve new rules governing Markets in Crypto-Assets (“MiCA”).  The new rules would address a range of risks related to cryptocurrencies and related…

Ifrah Law At NFT.NYC: Insights and Discussions on NFT Gaming

Jul 19, 2022

Ifrah Law At NFT.NYC: Insights and Discussions on NFT Gaming

In the third year following its inaugural event in 2019, NFT.NYC held its NFT.NYC conference from June 20th to June 23rd, 2022. And Ifrah Law was in attendance, alongside more than 15,000 other attendees in addition to the conference’s 1,500 speakers.  Featuring educational programming and informational panels about various NFT-related topics across seven different venues…

Is My Crypto Safe if My Exchange Declares Bankruptcy?

Jul 14, 2022

Is My Crypto Safe if My Exchange Declares Bankruptcy?

Celsius Network LLC, one of the largest cryptocurrency lenders in the industry, filed for bankruptcy protection on Wednesday, July 13th. The filing comes just a month after the company halted customer withdrawals, swaps, and transfers “to stabilize liquidity” on account of extreme market conditions caused by a dive in cryptocurrency prices. As such, many crypto-investors…

Responsible Financial Innovation Act Proposal To Bolster CFTC Authority Over Crypto-Industry

Jul 8, 2022

Responsible Financial Innovation Act Proposal To Bolster CFTC Authority Over Crypto-Industry

Bipartisan legislation introduced in the Senate last month would mark the federal government’s first foray into cryptocurrency regulation, and it could be a welcome development as the industry navigates a period of regulatory and commercial uncertainty. On June 7, 2022, Senators Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY) introduced the Responsible Financial Innovation Act (“RFIA”)…