On October 11, Skadden presented “State of the Cryptocurrency Market,” the first installment of Skadden’s 15th Annual Securities Litigation and Regulatory Enforcement Update. Speakers included Web3 and digital assets co-chair Alexander Drylewski, Los Angeles litigation head Peter Morrison, New York litigation partner Lara Flath, government enforcement and white collar crime partner Daniel Michael and Jake Chervinsky, head of policy at the Blockchain Association. The panelists discussed securities-related developments in the cryptocurrency sector, crypto-related activity and enforcement actions by the Securities and Exchange Commission, and recent developments in securities litigation.