
Practice Areas
- FinTech & Blockchain
- Regulatory Enforcement Defense
- Securities & Complex Commercial Litigation
- White Collar Defense, Investigations & Compliance Counseling
Education
- J.D., magna cum laude, University of Richmond School of Law, 2009
- B.A., Philosophy and Economics, magna cum laude, College of William & Mary, 2006
Admissions
- Virginia
- U.S. Court of Appeals, Fourth Circuit
- U.S. District Court, Eastern District of Virginia
Daniel M. Payne
Suite 301
Glen Allen, VA 23060
T: (804) 762-5335
F: (804) 762-5358
Mr. Payne’s practice focuses on serving financial services firms and public companies facing civil litigation and regulatory enforcement matters, as well as counseling clients on compliance with industry regulations. He handles all aspects of complex commercial litigation, from presuit investigations and counseling to motions practice and discovery. Additionally, he regularly represents companies facing investigations initiated by various state and federal regulatory agencies, including the SEC and FINRA.
Mr. Payne also advises companies of all stripes concerning the emergent regulatory structure surrounding cryptocurrencies and new applications built on blockchain technology. Such advice is critical with the number of companies launching Initial Coin Offerings and facing enforcement actions and civil litigation.
Mr. Payne has defended mortgage originators and RMBS sponsors in litigation and government investigation spawned by the 2008 financial crisis. The team had numerous big wins, including the dismissal of monoline bond insurer plaintiffs from a $1.8B lawsuit, favorable settlements, and protection of sensitive client information in discovery. Mr. Payne was also part of the team handling a non-MBS commercial case that resulted in a jury verdict in the client’s favor on all claims after a five-day trial.
Mr. Payne represented a client in state and federal court litigation stemming from its role in a merger in which the bank did not incur any liability. His other recent matters include advising a client on its SEC compliance policies, representing a client in a multi-million dollar mediation, and advising a client on potential litigation relating to a six billion dollar transaction.
Mr. Payne organized the 2014 Richmond Crowdfunding Symposium. The Symposium presented experts discussing the legal, regulatory, and business impacts of the SEC’s proposed Regulation Crowdfunding.
Awards and Recognition
-
Lawyer of the Year and Nine Lawyers Recognized in Best Lawyers in America 2021
(08/20/2020)
-
Ten Murphy & McGonigle Listed in 2016 Super Lawyers
(10/10/2016)
Publications
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OCC Approves First Crypto Bank
Blockchain Law Center | (01/14/2021)
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FinCEN Proposes New Digital Asset Rules to Target Money Laundering
Blockchain Law Center | (12/21/2020)
-
What To Know About The First Wave Of CARES Act Litigation
Law 360 | (10/15/2020)
-
Federal Court Rules Kik Token Offering Violated Securities Laws
Blockchain Law Center | (10/01/2020)
-
Preparing For A CMBS Litigation Wave Amid COVID-19
Law 360 | (09/01/2020)
-
Analyzing the Pace of Blockchain Litigation in 2020
Blockchain Law Center | (06/15/2020)
-
Criminal Actions See Decreasing Share of Crypto Litigation Mix
Blockchain Law Center | (06/03/2020)
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SEC Files More Crypto Enforcement Cases in 2019; Other Regulators Drop Off
Blockchain Law Center | (05/26/2020)
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Crypto Litigation Mirrors the Price of Bitcoin
Blockchain Law Center | (05/20/2020)
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The Importance of New Crypto Court Precedent
Blockchain Law Center | (05/12/2020)
-
Blockstack Examined: What the First Reg A+ Token Offering Looks Like
(08/12/2019)
-
AirFox Files Form 10 With the SEC On the Path to Compliance
Blockchain Law Center | (03/25/2019)
-
Six Trends Emerge in Murphy & McGonigle’s Newly Published “Blockchain Litigation: 2018 Year in Review Report”
(02/07/2019)
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Blockchain Litigation Update: Federal Court Applies Web Precedents to Arbitration Row in Crypto Exchange Lawsuit
Blockchain Law Center | (02/05/2019)
-
The Year of the Crypto Investigation
(08/27/2018)
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Is 2018 “The Year of the Crypto Investigation”?
Law 360 | (08/23/2018)
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Media Report Allegations of Cryptocurrency Pump and Dump Schemes
Blockchain Law Center | (08/06/2018)
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Cryptocurrency Investigations Mount
Blockchain Law Center | (05/22/2018)
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Howey and Handle Bar Moustaches: Thoughts on the Oral Argument in U.S. v. Zaslavskiy Regarding Whether Initial Coin Offerings are Subject to the Securities Laws
Blockchain Law Center | (05/10/2018)
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"Virtual Markets Integrity Initiative" Launched in New York
Blockchain Law Center | (04/17/2018)
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Legal Issues Facing Cryptocurrencies Beginning to Take Shape
Blockchain Law Center | (04/10/2018)
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The SEC is Investigating ICOs and Cryptocurrencies
Blockchain Law Center | (02/27/2018)
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Litigation Trends in the Blockchain Industry
Blockchain Law Center | (02/21/2018)
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Ernst & Young Report Highlights Need for ICO Planning
Blockchain Law Center | (02/21/2018)
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SEC Enforcement Reminds Social Media Influencers Pushing ICOs and Other Investments to Comply with Federal Securities Laws
(11/06/2017)
Seminars and Presentations
-
CMBS Litigation Wave? The COVID-19 Fallout
08/11/2020 | (08/05/2020)
-
PPP Litigation Impacting SBA Lenders
05/21/2020 | (06/02/2020)
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Economics of Blockchain Litigation: ICOs and Securities Laws, and Trends in Litigation
04/29/2020 | (04/29/2020)
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How To Defend Against New Wave of Cryptocurrency Class Actions
(04/24/2020)
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Murphy & McGonigle 2020 CLE Webinar: How to Defend Against New Wave of Cryptocurrency Class Actions
04/23/2020 | (04/20/2020)
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“Trends in Blockchain Litigation,” PLI Briefing
01/29/2020 | (01/29/2020)
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Blockchain Platforms & Strategies - Panel: Governance and regulation in Blockchain business networks, Blockchain EXPO North America 2018
11/28/2018 - 11/29/2018 | (11/28/2018)
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Cryptolina 2018
06/15/2018 - 06/16/2018 | (06/04/2018)
In the News
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The Most-Read Securities Law360 Guests Of 2020
Law 360 | (12/24/2020)
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New York Leads the Pack in Incidence of Blockchain Litigation
(01/22/2020)
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Daniel Payne Named to “Up & Coming Lawyers” List in Virginia
(09/04/2019)
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Financial law firm launches first global crypto crimes database
CoinGeek | (08/07/2019)
-
Bitcoin Crime Search Engine Paves Way For A New Kind Of Law Firm
Forbes | (08/05/2019)
-
Chairman James Murphy Delivers Keynote at Blockchain Expo North America
(12/04/2018)
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Murphy & McGonigle Co-Hosts the 2014 Richmond Crowdfunding Symposium
05/13/2014 | (05/14/2014)