- An O’Melveny & Myers team is advising a group of eight crypto currency companies on their effort to develop a standardized system for rating, on a 1-to-5 scale, their digital assets’ likelihood of being viewed as an investment contract under U.S. federal securities laws. The team is led by financial technology chair Eric Sibbitt. Coinbase and the other companies in the new Crypto Rating Council said it’s aimed at helping companies comply with “incredibly complex” U.S. securities rules. (O’Melveny) (Coindesk.com)
- Debevoise & Plimpton snagged Jones Day’s restructuring practice co-leader Sidney Levinson as a partner and co-chair ...
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