Brattle Experts Examine Recent Inquiries into Public Companies with Digital Asset Treasuries in New Law360 Article
Published in Law360
In September, the US Securities and Exchange Commission and the Financial Regulatory Authority reportedly launched coordinated inquiries into more than 200 digital asset treasury (DAT) firms – public companies that maintain significant digital asset holdings – for possible insider trading activity prior to the announcement of crypto purchases.
In a new article published in Law360, Principal Sujay Dave and Senior Associate Dr. Anil Donmez discuss what these inquiries may mean for DATs. Outlining the underlying economics of DATs, which may help explain both their rapid growth and the regulatory scrutiny, they examine and discuss trading activity surrounding announcements of crypto-treasury plans and describe the risk exposures of these firms.
The full article, “Why Digital Asset Treasuries Are Drawing Regulator Concerns,” is available below.
