Crypto Licensing and Regulatory Advisory

Murphy's Law provides specialized legal advisory services to help crypto companies navigate the complex landscape of federal and state registration obligations, licensing requirements, and regulatory compliance programs. The firm combines deep regulatory expertise with practical understanding of blockchain technology to build defensible compliance positions before enforcement actions arrive.

Registration and Licensing Guidance

Advisory services address critical regulatory questions including whether platforms require SEC registration as exchanges or broker-dealers, identification of state money transmission licensing requirements across all 50 states, VASP compliance frameworks for multi-jurisdiction operations, and preparation for regulatory examinations by federal and state agencies. The firm provides formal legal opinion letters on money transmission risk and licensing requirements that establish defensible legal positions demonstrating reasonable reliance on counsel if regulatory questions arise later.

AML/KYC Program Development

The firm advises on developing and implementing comprehensive anti-money laundering and know-your-customer programs that meet Bank Secrecy Act requirements, including transaction monitoring systems, suspicious activity reporting procedures, customer due diligence protocols, and ongoing regulatory reporting obligations to FinCEN and state regulators.

Regulatory Response and Investigation Support

For companies already under investigation or facing regulatory scrutiny, Murphy's Law provides strategic guidance on responding to subpoenas, document requests, and examination inquiries from the SEC, CFTC, FinCEN, and state financial regulators. The firm helps businesses manage regulatory exposure while maintaining operations and protecting against enforcement actions.

Why Choose Murphy's Law

Founding partner Liam Murphy brings extensive experience defending DeFi and NFT companies from government scrutiny at Paul Hastings, advising on regulatory strategy for blockchain businesses, and handling federal enforcement matters. The firm focuses on practical compliance approaches that protect against regulatory risk while allowing crypto businesses to operate, with particular expertise in novel regulatory questions where guidance is limited or evolving.