Initial Coin Offerings (ICOs) are already a multibillion-dollar strategy for raising capital and are growing in importance. They do, however, present significant and unresolved regulatory and litigation risks that may expose offerers, investors and others to investigation and litigation risks in multiple jurisdictions. Policyholders and directors & officers insurers alike should be cognizant of the risks and consider whether insurance is available to cover them.

What Is an Initial Coin Offering?