Lewis Cohen is the co-founder of DLx Law, a law firm founded in 2018 to serve the needs of a new, technology-driven economy.  Lewis and the DLx Law team provide in-depth legal counsel to startups, growth companies, major enterprises, and governmental entities on a broad range of matters involving the use of blockchain, cryptocurrencies and other disruptive technologies.  Passionate about the ability of innovative technologies to change the way businesses and individuals work together, Lewis has become a major advocate for the potential of emerging technologies to benefit and transform industries around the globe.

Lewis brings more than 25 years of experience advising major clients in capital markets and finance transactions.  Lewis is a frequent public speaker on the topic of blockchain and distributed ledger technology.  Lewis served on the Board and Executive Committee of the Structured Finance Industry Group (SFIG). Lewis is also recognized by Chambers Global as one of only three lawyers in “Band 1” for Legal: Blockchain & Cryptocurrencies – USA. Follow Lewis on Twitter: @NYCryptolawyer.

In this podcast, we will look at the origins of the initial coin offering (ICO) and how digital assets came to be used as a fundraising tool. We will then walk through how ICOs were conducted and some of the misaligned incentives involved.  Following that, we will look at the enforcement response, from the SEC as well as from state regulators.  Finally, we will look at the popping of the ICO bubble and its rebirth in initial exchange offerings and other alternative approaches to fundraising through the sale of digital assets.