Crowdfunding Bail For Indigent Defendants

Criminal justice reform has recently focused on the fairness of bail.

Now, two crowdfunding apps are financing bail for those who can’t afford it.

“Appolition, is funded by credit cards when users round up purchases to the nearest dollar and donate the extra money.”

And ” Bail Bloc, mines a cryptocurrency called Monero from spare computer power, then converts it into cash which is then donated to the Bronx Freedom Fund.”

You can donate directly to Appolition but must run the Bail Bloc app on your computer in the background to mine the Monero.–20171121-0002.html

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at:
This entry was posted in accredited investor, balance, Charity, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, deposits, Funding Portals, Investments, Jobs, Legislative Intent, review, technology and tagged , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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