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Crypto Custody Liability: Who Is Responsible When Digital Assets Are Lost?

By |2026-05-11T09:02:38-04:00May 6th, 2026|Legal Playbook|

As cryptocurrency adoption grows, the risk of crypto custody becomes increasingly significant and often misunderstood. Determining legal responsibility for lost, misappropriated, or inaccessible digital assets is often complex. Unlike traditional brokerage accounts, crypto holdings are often managed through multiple layers, including exchanges, third-party custodians, and intermediaries. This structure can create accountability gaps when issues arise. [...]

Investor Alert: Who Is Liable When a Crypto Custodian Fails? Lessons From the Kraken vs. Etana Custody Dispute

By |2026-05-11T09:06:57-04:00May 6th, 2026|Broker / Advisor Investigations|

As litigation between Kraken and Etana Custody unfolds, a critical legal question is coming into focus: who is responsible when crypto custody breaks down and investor funds are lost or inaccessible? While many investors assume that the platform they used is accountable, the reality is often more complex. The Liability Problem in Crypto Custody Crypto [...]

Investor Alert: Redemption Limits and Liquidity Pressure Hit Non-Traded REITs and BDCs

By |2026-05-20T08:16:56-04:00May 6th, 2026|Alternative Investment Losses, Broker / Advisor Investigations|

A series of recent developments across the alternative investment market is raising renewed concerns about liquidity, valuation transparency, and investor risk in non-traded REITs and business development companies (BDCs). Large sponsors including Blue Owl Capital and KKR have faced scrutiny as investors encounter redemption restrictions and capital access delays in private credit and real estate [...]

Investor Alert: Kraken Sues Etana Custody for $25 Million Over Alleged Misappropriation and Ponzi-Like Conduct

By |2026-05-20T09:38:29-04:00May 5th, 2026|Alternative Investment Losses, Broker / Advisor Investigations|

A new lawsuit filed by cryptocurrency exchange Kraken against Etana Custody is raising serious concerns about the integrity of third-party custodial platforms operating within the digital asset ecosystem.Payward Interactive, Inc. et al v. Etana Custody Limited (Justia Lawsuit Docket) The reports: Kraken alleges that Etana engaged in the misappropriation of client funds and operated in [...]

Goliath Ventures Bankruptcy Proceedings: Investors Must File Proof of Claim by September 30, 2026

By |2026-05-11T09:08:23-04:00May 4th, 2026|Investor Alerts|

Investors who suffered losses in connection with the Goliath Ventures matter should be aware of an important procedural requirement in the bankruptcy process. To preserve the right to participate in any potential recovery, investors may need to file a Proof of Claim with the bankruptcy court. A Proof of Claim is the official court-required form [...]

Investor Alert: Court Upholds $92 Million FINRA Arbitration Award Against UBS Over Tesla Short Strategy

By |2026-05-11T09:09:07-04:00May 4th, 2026|Broker / Advisor Investigations|

A federal court has now confirmed one of the largest recent FINRA arbitration awards, delivering a decisive win for investors and reinforcing the strength of arbitration outcomes. According to recent reporting (AdvisorHub: https://www.advisorhub.com/court-upholds-92-million-award-against-ubs/), a U.S. District Court judge rejected UBS Wealth Management USA’s attempt to overturn a $92 million arbitration award, which stemmed from allegations [...]

Investor Alert: FINRA and Federal Regulators Hit Canaccord Genuity with $120 Million in Penalties for AML Failures

By |2026-05-11T09:09:39-04:00May 4th, 2026|Broker / Advisor Investigations|

A sweeping enforcement action against broker-dealer Canaccord Genuity LLC is drawing renewed attention to the role financial firms play in safeguarding investors and preventing illicit activity. Federal regulators, including Financial Crimes Enforcement Network, the U.S. Securities and Exchange Commission, and Financial Industry Regulatory Authority, collectively imposed approximately $120 million in penalties against the firm for [...]

Investor Alert: GWG L Bond Investors Face Minimal Recovery as Bankruptcy Distributions Fall Near 3%

By |2026-05-11T09:10:19-04:00May 4th, 2026|Broker / Advisor Investigations|

GWG Holdings, Inc. L Bond investors are now confronting a stark reality. After years of uncertainty following the company’s collapse, projected recoveries through the bankruptcy process are expected to total only a small fraction of invested capital. Recent updates tied to the GWG Wind Down Trust and court-approved liquidation framework indicate that investors may recover [...]

Investor Alert: SEC Cease-and-Desist Order Issued Against GPB Capital Holdings for $122 Million Oil & Gas Offering

By |2026-05-11T09:11:27-04:00May 4th, 2026|Broker / Advisor Investigations, Uncategorized|

Federal regulators continue to pursue large-scale unregistered securities offerings, and a recent enforcement action involving GPB Capital Holdings highlights the risks associated with private placement investments marketed to retail investors. The U.S. Securities and Exchange Commission issued a cease-and-desist order in connection with an oil and gas investment offering that raised approximately $122 million from [...]

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