Faegre Baker Daniels is being sued for legal malpractice by a company that says the firm provided “erroneous” legal services relating to the launch and operation of a fund set up to acquire and manage crypto assets.
These are assets associated with cryptocurrencies, blockchain ecosystems, and related digital asset and technology opportunities, according to the Dec. 31 complaint filed by Digital Capital Management.
The complaint alleges that the law firm provided “inaccurate analysis and advice” to Digital Capital’s predecessor, Crypto Asset Management, LP, regarding how to register under the Investment Advisers Acts of 1940.
As a result, the complaint alleges, ...
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