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Finding Genius Podcast

Gerald Reihsen–Lawyer and Entrepreneur–Why properly setting up blockchain companies to minimize legal liability matters

Finding Genius Podcast

Richard Jacobs

Medicine, Health & Fitness

4.41K Ratings

🗓️ 25 September 2017

⏱️ 22 minutes

🧾️ Download transcript

Summary


Gerald Reihsen, a lawyer, entrepreneur, and speaker at the upcoming Bitcoin, Ethereum, and Blockchain Super Conference in Dallas, offers some thoughts on why it is necessary to properly set up blockchain companies and ICOs to minimize potential civil and criminal liabilities.
Many companies are currently being formed with little appreciation of how to build a successful company, and keep it a success for the long term–many are jumping straight in to the deep end of the pool with their ICOs, and have not stopped to consider how upcoming regulations on ICOs and securities might affect their businesses in the future.
Though there is currently little in the way of regulation of ICOs in the cryptospace, that won't stop companies, their founders, and exchanges from being liable for failing to follow the regulations that are coming–even if your business is located outside the US, or you don't allow US customers to take place in ICO sales.

For more information, visit www.swordshieldlaw.com, or email Gerald at greihsen@swordshieldlaw.com.

Transcript

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0:00.0

The Bitcoin, Ethereum, and Blockchain Super Conference is coming to Dallas, Texas, February 16, 17, and 18 in 2018.

0:09.0

If you know of a better way to get the latest insider knowledge about crypto, to hear directly from the top minds in this field,

0:16.0

to interact personally with 800 fellow crypto lovers, hodlers, investors, miners, traders, developers,

0:22.9

and founders, then I'd like to hear about it.

0:25.9

If you don't, then you don't want to miss out.

0:29.0

Registered today for the Bitcoin, Ethereum, and Blockchain Superconference.

0:33.1

Go to Bitcoin Superconference.com and register today as a super early bird to get the lowest rates on tickets and hotel rooms.

0:41.4

That's Bitcoin superconference.com.

0:45.4

Welcome to Almost Here, Round the Corner of Future Technology Podcasts with Richard Jacobs.

0:51.7

Future Technologies always to transform our lives for better or worse

0:55.3

for the focus of this podcast. Almost here means these technologies are now here and starting to be

1:01.1

used or just around the corner. From Bitcoin to artificial intelligence, 3D printing, blockchain,

1:07.9

virtual reality, and more.

1:14.1

Hello, this is Richard Jacob, Future Tech Podcast.

1:16.7

The guest today is Gerald Weissan.

1:18.8

He's a lawyer and an entrepreneur.

1:22.3

His firm is called Sword Shield Law.

1:26.2

He's going to be speaking at the Bitcoin Super Conference coming up in February.

1:31.9

And Jared's going to be talking about token-based companies, how they can structure themselves properly to avoid problems with litigation and running into the bad side of any of the

1:38.2

regulatory bodies that are out there, whatever they may be.

1:41.2

So, Jerry, how are you doing?

1:42.3

Yeah, so tell us a little bit about your background, because you're not just a lawyer and, you know, you're an entrepreneur. I want to hear the perspective that you have that's different from your run-of-the-mill attorney that just, you know, looks for problems in the law, for instance. Yeah, sure. Well, I practiced mostly at a firm called Gibson-D Crutcher, for about 15 years as a corporate

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