Carlton Fields blockchain attorney Andrew (Drew) Hinkes was quoted in Legaltech News, Robb Report, and Yahoo! Finance in articles discussing NBA player Spencer Dinwiddie’s announced plans to sell off digital shares of his contract through his blockchain investment company. Hinkes discussed the regulatory issues that could arise as well as the reasons Dinwiddie might have decided to pursue the idea.
“It’s a very efficient way to very quickly raise a large amount of cash,” Hinkes told Robb Report. “It’s a classic story of time, value, money. Would you rather wait to have your money or would you rather have your money now and see if you can invest it in a way that ultimately benefits you?”
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