Top Stories

Sessions vows to "vigorously" prosecute makers of 3D-printed guns

Attorney General Jeff Sessions. Photo: Toya Sarno Jordan/Getty Images
Attorney General Jeff Sessions. Photo: Toya Sarno Jordan/Getty Images

Attorney General Jeff Sessions on Thursday warned that the Justice Department will "vigorously enforce" the federal prohibition of producing undetectable 3D-printed firearms "to the fullest extent."

"We will not stand for the evasion, especially the flaunting, of current law and will take action to ensure that individuals who violate the law by making plastic firearms and rendering them undetectable, will be prosecuted to the fullest extent."
— Sessions said in a statement

Exclusive: Rep. invites industry leaders to weigh ICO regulation

A locked lock with cryptocurrency symbols on it
Illustration: Rebecca Zisser/Axios

Rep. Warren Davidson (R-Ohio) is inviting 32 industry leaders, lobbyists, and nonprofits this week to attend a Sept. 25 forum on Capitol Hill to discuss what he calls "light-touch" regulation on initial coin offerings (ICOs), according to the invitation and list Axios has obtained.

Why it matters: The industry has been operating in a regulatory fog. While the Securities and Exchange Commission's chairman has stated that he has yet to see an ICO that doesn't qualify as a securities offering, the agency hasn't issued any guidance outside of an investigation memo about one case and a number of enforcement actions against fraudsters.