SEC Case is a Warning Governance Tokens May Be Securities

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In an article published by Law360 on February 7, Nelson Mullins FinTech partners Arina Shulga and Jeff Kelly discuss new charges brought by the U.S. Securities and Exchange Commission that raise serious questions for digital assets projects. The latest complaint the SEC filed on Jan. 20, 2023 against Avraham Eisenberg reinforces its position that most tokens are securities and should be designed with care. Shulga and Kelly provide insight and analysis of the case and discuss the implications on the digital asset space.

“The SEC’s enforcement action against Eisenberg is…

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