Litigation strategy involves the comprehensive plan and approach a legal team adopts to achieve a favorable outcome in a lawsuit. This includes defining objectives, assessing risks, selecting legal arguments, managing evidence, and planning procedural steps from filing to appeal. A sound strategy guides all actions throughout the legal process.
Context
For entities operating in the digital asset sector, developing a precise litigation strategy is essential given the complex and evolving regulatory environment. This often involves anticipating regulatory actions, preparing defenses against novel legal theories, and carefully selecting jurisdictions. Effective strategy in crypto litigation can significantly influence the future viability and regulatory standing of a project or company.
The SEC's procedural delay of traditional market compliance provides a critical legal precedent bolstering digital asset platforms' fair notice defense in enforcement actions.
The SEC's procedural relief for traditional markets codifies the fair-notice defense, strategically shifting the burden in digital asset enforcement litigation.
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