Sohaib

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Sohaib

Sohaib

@cryptohaib

Lawyer ⚖️ | Legal Services for Tech (Blockchain, Cryptocurrency, DAOs, NFTs, AI, and Web 3.0)

Toronto, Canada Se unió Haziran 2019
895 Siguiendo801 Seguidores
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Sohaib
Sohaib@cryptohaib·
On June 15, 2023, @0xTAY_ and I, successfully obtained a Mareva ("freezing") Order against a group of Defendants, referred to collectively as the “Boneheads team”. Our statement of claim alleges fraudulent misrepresentation, breach of contract, anti-consumer friendly and anti-competitive practices in relation to the sale of the Boneheads NFT, which was sold to “thousands of consumers across the world with a contract that originated in Ontario”. In what appears to be a first for Canada, the Ontario Superior Court of Justice allowed us to serve both the Mareva Order and Statement of Claim via an NFT airdrop into 13 cryptocurrency wallets alleged to be controlled by the Boneheads team as a means of notifying a fifth unnamed and unknown Defendant. This means of service was strongly supported by recent jurisprudence in the United Kingdom and United States where a similar Order was granted. Launching a class action as a sole practitioner has only been possible because of the support and encouragement I have received from members of the legal profession and my friends in the blockchain space. I specifically want to thank @zachxbt for his research and reporting on this as early as a year ago in bringing this matter to light. For those who are interested, you can access everything you need to know about the lawsuit here: boneheadsclassaction.com #NFT #NFTcommunity #lawyer #litigation #classaction #lawsuit #blockchain #Ethereum
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ZachXBT@zachxbt

A class action lawsuit was filed in Canada against the Boneheads team for the $3.1M NFT rug pull The team quickly disappeared and spent the mint funds on BAYCs, luxury goods, and other items never fulfilling the roadmap Yet another case where my research has been cited

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Sohaib
Sohaib@cryptohaib·
Why @Uniswap cannot be a security: 1) #UNI was a free airdrop so the "investment of money" prong of the Howey test cannot be met. 2) It is impossible to know if your swap is going to a certain liquidity provider so any investment of money cannot be in a "common enterprise".
Uniswap Labs 🦄@Uniswap

Today Uniswap Labs received a Wells notice from the SEC And we're ready to fight This is the latest political effort to target even the best actors in crypto like Uniswap and Coinbase All Uniswap products and the Uniswap Protocol are unaffected t.ly/rp7h8

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Sohaib
Sohaib@cryptohaib·
I recently described to Brendan Peters (my colleague who doesn't have X) feeling like we were in “no man’s land”. We were either treading where other lawyers, smarter and more experienced, had gone before us only to realize it was a dead end. Or we were breaking new ground. Stories like this validate a lot of the work we are currently doing. A special thank you to @SheilaWang_ and @EmmaMci who reported on this. The writing is superb. For anyone who is interested, you can read the full article here: thestar.com/news/investiga… #Crypto #cryptofraud #PigButchering #RugPull #Bitcoin
Sheila Wang@SheilaWang_

📢MORE on #crypto from @EmmaMci and me📢 in collab with @ICIJorg in #CoinLaundry investigation: The trail had gone cold for millions in stolen crypto. Then came the ‘aha!’ moment that unlocked the mystery thestar.com/news/investiga…

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Sohaib
Sohaib@cryptohaib·
It's finally mine! The other Sohaib ignored my offers and somehow let it expire. Welcome home ❤️ #ENS #ENSdomains
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Sohaib
Sohaib@cryptohaib·
Almost daily, I receive calls from Canadian consumers who have lost their life savings to crypto fraud. Read our thoughts on why Canada needs a Federal Digital Assets Task Force to combat this problem.
DeLex LLP@DelexLLP

#Canada urgently needs a Federal Digital Assets Task Force to combat the growing problem of cryptocurrency and cybercrime fraud, which resulted in over $624 Million in losses from Canadians in 2024 alone. Read Our Thoughts Here: delexllp.com/canada-needs-a…

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Sohaib
Sohaib@cryptohaib·
@JacobRobinsonJD @JacobRobinsonJD You are inspiration! Not sure if you are planning to return back to podcasting but eagerly awaiting next episodes on that front so I can stay up to date on my crypto law. Praying for your continued health 🙏
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Jacob Robinson
Jacob Robinson@JacobRobinsonJD·
I've been quiet on socials for the past 12 months. I also paused my legal practice and stopped recording podcasts. Why? Last year, at 29, doctors found a large tumor wrapped around my heart. It was cancer.
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Blackstar ★
Blackstar ★@BlackstarXXI·
This 2019 Cryptoarte just sold for 3700 Dollars @CryptoArte It's one of the first generative art projects ever dating even earlier than Autoglyphs Thoughts?
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CryptoArte
CryptoArte@CryptoArte·
gm. Lots of activity in the past 24 hours...
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Sohaib
Sohaib@cryptohaib·
Not a holder of @pudgypenguins but I do appreciate the free airdrop! $pengu
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Sohaib
Sohaib@cryptohaib·
@CryptoArte Still waiting to acquire the elusive midnight. One day one day...
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Sohaib
Sohaib@cryptohaib·
In light of Opensea's recent registration in the Cayman Islands, many are speculating about the @opensea airdrop. Here is an interesting tool to check your OS volume and rank: dune.com/sealaunch/open… I am rank #4234 - not bad!
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TAY
TAY@0xTAY_·
There’s so much froth in the market rn people are going to start saying wagmi again.
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Sohaib
Sohaib@cryptohaib·
@BlackstarXXI They will also declare NFTs “dead” in 12 months when the Bull market ends
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Blackstar ★
Blackstar ★@BlackstarXXI·
Just 1 week ago most of you were yapping about NFTs never making a comeback again and now you all act like that never happened lmfao hahahahaha 😂😂😂
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Blackstar ★
Blackstar ★@BlackstarXXI·
GM historical NFT fam I am getting bids on these generative Art pieces from 2018. True OGs We are back!
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