As the Biden administration ramps up its scrutiny of the cryptocurrency marketplace, a handful of small litigation shops are piling up class steps from crypto exchanges and digital token issuers, pursuing theories that could form how many years-previous legal guidelines use to the rising subject. Led by companions from boutique companies, lawyers have filed 58 securities class steps in opposition to crypto companies considering the fact that 2016, according to a report from the consulting agency Cornerstone Analysis and Stanford Legislation Faculty. Far more than 1-third landed in the past two decades, and the speed surged in the 1st six months of 2022, when the industry’s industry capitalization fell by…