Mark Rasmussen is a seasoned litigator and investigator with more than 15 years of experience representing clients in complex litigation and regulatory matters.
Since 2016, Mark has advised clients on cryptocurrencies, blockchain technology, and fintech matters, including initial coin offerings (ICOs) and token issuances, money transmitter and virtual currency regulations, and litigation. In 2018, he was appointed by Chief Judge Barbara Lynn, of the Northern District of Texas, to be the first-ever receiver in a Securities and Exchange Commission (SEC) enforcement action involving an ICO promoter. In addition, Mark is coeditor and coauthor of the book Blockchain for Business Lawyers and is a frequent speaker on legal issues related to blockchain technology.
Mark actively represents clients in bankruptcy litigation, securities and consumer class actions, antitrust matters, derivative investigations, fiduciary duty claims, merger disputes, and contract disputes. In addition, while at a prior firm, he helped win a $22 million jury verdict (plus $5 million in punitive damages) on behalf of a technology start-up company in a trade secret case that received significant publicity. Mark also has substantial experience with internal investigations and regulatory investigations involving the SEC, Commodity Futures Trading Commission (CFTC), Department of Justice (DOJ), and state securities regulators (including the Texas State Securities Board).
Mark is also committed to pro bono service. Some of his matters include obtaining asylum for a monk and green cards for abused women under the Violence Against Women Act. He also helped an Hasidic Jewish inmate challenge prison rules under the First Amendment.
The following represents experience prior to joining Jones Day:
Represented a technology start-up and venture capital firm in a trade secret lawsuit against a national electronics retailer in the California federal court, securing a $22 million jury verdict, plus punitive damages and attorneys' fees.
Represented a gold mining company and its officers and directors in a securities fraud lawsuit in New York federal court, securing a dismissal of some claims followed by a favorable settlement.
Represented a Fortune 500 hospital operator in a corporate takeover dispute in Texas federal court, obtaining the dismissal of lawsuit alleging violations of federal securities laws.
Represented a global investment bank in its $686 million fraud lawsuit against a hedge fund relating to a contemplated CDO transaction.
Represented a national health insurer in ERISA, antitrust, and RICO class action lawsuit concerning reimbursement of medical benefits at usual, customary, and reasonable rates.
Represented a private equity company in a highly contested restructuring of a producer of alumina-based materials, obtaining approval of refinancing plan under which client and other senior lenders received payment in full.
Represented a Fortune 500 pharmaceuticals company in a breach-of-contract dispute under the AAA rules involving the calculation of supply prices and development costs under the agreement.
Represented a marine container leasing company in an international arbitration under the CPR rules involving the interpretation of a joint venture agreement under English law (obtained a complete defense verdict).
Advised a global sports, fashion, and media company in enhancing its FCPA compliance program.
Fintech: OCC Issues Significant Ruling Permitting National Banks to Use INVN and Stablecoin Technology
- February 11, 2019
Building Blockchain Expertise Into a Practice that Pays, ABA Podcast
- May 21, 2019
PLI One-Hour Briefing: "Investor Protection and the SEC’s Digital Asset Framework "
- April 10, 2019
Cybercrime, Cryptocurrency, and ICOs, Texas Bar CLE
- April 3, 2019
PLI's Private Litigation in the Blockchain Era
- February 15, 2019
BYU Blockchain Summit
- January 16, 2019
Blockchain: A U.S. Perspective and Implications for the Banking Business
- December 18, 2018
ABA SciTech Focus on Blockchain: Cryptocurrencies, Initial Coin Offerings, and Financial Regulations
- December 11, 2018
PLI's Blockchain Technology, Smart Code, and Smart Contracts: Issues and Risks
- November 8, 2018
Jones Day Emerging Technology Seminar
- November 6, 2018
Blockchain and Cryptocurrency: Challenges and Opportunities
- October 22, 2018
Blockchain Technology and Legal Issues, Dallas Bar Association
- October 19, 2018
Demystifying Cryptocurrency and Blockchain for the Federal Equity Receiver, NAFER Annual Conference
- October 17, 2018
Digital Asset Strategies Summit
- October 4, 2018
Beyond the Basics of Blockchain, New York State Bar Association
- October 2018
Beyond the Basics of Blockchain: Current and Future Use Cases and Corresponding Regulatory Development, New York State Bar Association
- September 25, 2018
Blockchain and Smart Contracts: The Legal Landscape, Tech Titans Blockchain Forum
- September 13, 2018
SEC Hot Topics Institute, Donnelley Conference
- September 10, 2018
41st Annual Southwest Securities Conference
- September 7, 2018
An Introduction to Blockchain Technology and Key Issues for Lawyers Advising Clients in that Space, Dallas Bar Association
- August 17, 2018
Federalist Society Cryptocurrency Teleforum
- August 2, 2018
Republican Attorneys General Association RLDF Tech Summit: Cryptocurrencies and Compliance
- June 28, 2018
Blockchain in Shared Services
- June 22, 2018
ALAS General Meeting: What Law Firms Need to Know about Cryptocurrency
- June 11-12, 2018
Bitcoin and Cryptocurrency Investment (BCI) Summit
- June 7, 2018
Legal Issues for Lawyers Advising Clients on Blockchain Technology, West Legal Education
- June 6, 2018
Mastering Bitcoin, Blockchain and Digital Currencies, The Rossdale Group
- May 8, 2018
Lessons Learned and Practice Pointers: Regulators' Perspectives Regarding Cryptocurrency Receiverships, NAFER Regional Conference
- April 25-26, 2018
Third Annual Latin America Privacy & Cybersecurity Symposium
- April 18, 2018
International Legal Technology Association: Blockchain 101
- April 11, 2018
Blockchain in the Enterprise, Federal Reserve Bank of Dallas
- March 23, 2018
The Future of ICOs: Initial Deed Offerings via the ERC-721 Standard
- March 8, 2018
Blockchain Technology in the Energy Sector, 2018 WSPP Spring Operating Committee Meeting
- February 28, 2018
The Blockchain Revolution: Baking Privacy, Cybersecurity, and Data Integrity Into Government and Company Systems Using Distributed Ledger Technologies, The Masters Conference
- February 16, 2018
BYU Blockchain Summit
- January 24, 2018
Reinventing Money: The State of Cryptocurrency, Ft. Worth Business Press
- December 7, 2017
Blockchain and Cryptocurrencies: Applications and Legal Issues
- Novemer 7, 2017
Blockchain for the Financial Industry
- October 24, 2017
Blockchain Boot Camp, North Texas Blockchain Alliance
- September 26, 2017
Blockchain & Smart Contracts
- September 15, 2017
Blockchain and Cryptocurrencies: Applications and Legal Issues
- August 30, 2017
Mastering Bitcoin, Blockchain, and Digital Currency
- August 24, 2017
NIRI Southwest Regional Conference: Key Issues Facing Public Companies, SEC Enforcement Actions, Corporate Governance, and Public Disclosure Initiatives
- July 26, 2017
Blockchain Technology in the Media and Entertainment Industry
- April 6, 2017
Bitcoin and Blockchain Technology: Legal Issues and Emerging Trends
- February 14, 2017
Federal Court Practice: Responding to Complaints
- December 7, 2016
SEC Enforcement Trends and Forecast of Future Enforcement Activity -- Dallas CPA Society
- October 31, 2016
The Nuts and Bolts of Responding to Complaints in Federal and Texas State Court
- September 27, 2016
Constitutional Challenges to the SEC's Administrative Proceedings and Recent Amendments to the SEC's Rules of Practice
- May 19, 2016
Recent Amendments to the Federal Rules of Civil Procedure: A Concise Overview of What Changed and How Courts are Interpreting the New Rules
- March 30, 2016
Recent Developments in Delaware M&A Litigation: Is the Disclosure-Only Settlement Dead?
- January 12, 2016
Disclosure to the Government: Navigating the Complex World of Privilege Waiver and Cooperation Credit
- October 27, 2015
Attorney-Client Privilege and Work Product Doctrine in Internal Investigations: Latest Developments for Corporate, Securities and White Collar Attorneys
- Columbia University (J.D. 2005; Harlan Fiske Stone Scholar; Articles Editor, Journal of Transnational Law); Brigham Young University (B.A. magna cum laude 2001)
- Texas; New York; U.S. District Courts for the Eastern, Northern, and Southern Districts of Texas and Eastern and Southern Districts of New York; and U.S. Court of Appeals for the Third Circuit
Recognized by The National Law Journal in its inaugural list (2018) as a Trailblazer in the Cryptocurrency, Blockchain, and FinTech field
Named a "Rising Star" (2016) by the editors of Texas Super Lawyers Magazine