Apertum Holding Enlists Quinn Emanuel to Challenge BaFin Warning Against DAO1 Platform
Apertum Holding Enlists Quinn Emanuel to Challenge BaFin Warning on DAO1
Apertum Holding Ltd., a pioneer in digital asset technology, has taken significant steps to defend its operations against regulatory hurdles. The company has recently engaged the prestigious law firm Quinn Emanuel Urquhart & Sullivan, LLP, to contest a warning issued by Germany's Federal Financial Supervisory Authority (BaFin) regarding its decentralized platform, DAO1.
Background of the Case
BaFin's warning alleges that the DAO1 platform has been operating without the necessary legal permissions mandated under the European Regulation (EU) 2023/1114 concerning the markets for crypto assets (MiCAR). This assertion has been met with strong resistance by Apertum, which claims that the basis for BaFin’s warning lacks foundation. In response, Quinn Emanuel is actively discussing with BaFin the required authorization frameworks outlined by MiCAR, advocating on behalf of Apertum.
Apertum is unwavering in its commitment to defending its position, prioritizing its interests while continuing to provide revolutionary technologies to its users, all in compliance with existing laws in the jurisdictions they operate within.
Quinn Emanuel's Expertise
Quinn Emanuel is renowned globally as the largest law firm specializing predominantly in business litigation, boasting over 1,200 attorneys dedicated to commercial litigation and arbitration, with a network of 34 offices worldwide. The firm has earned a formidable reputation, having been named the
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