The authors outline how to understand blockchain data and discuss the SEC’s focus on blockchain transactions.
Blockchain analysis is a powerful tool that provides insight into what is happening on a blockchain network. Who is trading with whom? Which wallets are most active on decentralized finance exchanges? Which wallets are sending and receiving funds from centralized exchanges? What validators are confirming new blocks, and what are the associated rewards? These are all questions that can be answered by examining blockchain data, and with the right expertise, a clear and concise factual record of events can be established.
In this article, authors Abe Chernin, Nicole Moran, and Robert Letson discuss how to understand blockchain data and the SEC’s focus on blockchain transactions.
This article was published in Law360 in May 2023.
The views expressed herein do not necessarily represent the views of Cornerstone Research.