Electric vehicles come with many benefits. One of those benefits? Tax incentives. But purchasing a brand-new electric vehicle can be challenging for buyers. A combination of high sticker prices and scarcity makes it hard to make the dream of a battery-powered ride a reality. Unless, that is, you consider purchasing a used electric vehicle. Used electric vehicles are … [Read more...] about Dressel/Malikschmitt Partner Featured in Bloomberg Article
On July 5, 2022, the popular cryptocurrency services firm Voyager filed a petition for Chapter 11 bankruptcy. With over three million customers, Voyager’s bankruptcy has had rippling effects throughout the cryptocurrency industry. Dressel/Malikschmitt LLP has received numerous inquiries from affected customers, as well as others within the industry, about what could happen … [Read more...] about The Voyager Bankruptcy: Your Questions Answered
It’s not often that a defendant will label a $100 million dollar judgment against him as a “victory,” but it’s a surprising result of current cryptocurrency courtroom disputes. It was precisely the label Craig Wright attached to a jury’s award earlier this month in the action filed against him by Ira Kleiman, the brother of Wright’s business partner David Kleiman. Anonymous … [Read more...] about Cryptocurrency Courtroom Tales: $100 Million Judgement Victory
The story of the SQUID crypto token is a perfect illustration of the opportunities cryptocurrency permits for scammers and the dangers it poses for investors. The SQUID token was a game token, ostensibly used to play games within the internet environment made by the token’s creators. Like many game tokens, it had a play-to-earn system, but primarily investors were buying … [Read more...] about SQUID Crypto Token and Dangers to Investors
Last month accusations emerged that an executive at OpenSea, a leading Non-Fungible Tokens (NFT) sales platform, was possibly front-running sales by buying drops before they were listed on OpenSea’s main page and then selling them after they had been publicized by OpenSea. Such use of insider information, if true, would seem to be a classic violation of securities laws … [Read more...] about NFTs, Securities Fraud, and Insider Trading, Oh My!