SEC led crypto-related lawsuits are on the rise

According to legal analytics firm Lex Machina, cryptocurrency related lawsuits are up over 300 percent this year, with over 45 legal cases opened in the first half of the year. The report also highlights the ongoing crackdown from the SEC on initial coin offerings, with the regulatory agency accounting for up to 30 percent of this year’s legal battles.
In November alone, the SEC targeted EtherDelta, a decentralized trading platform for Ethereum tokens, as well as two crypto-companies,