Monthly Archives: March 2018

Insurer Denies Crypto Exchange Claim

Scary times in crypto-currency land as a major Korean insurer has denied the claim of a Bitcoin exchange. Yapian, the parent of YouBit, a crypto-currency exchange, filed a $2.8 million claim to recover for the hack with its insurer DB … Continue reading

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Catalonian Minister Crowdfunding Her Extradition

Professor Clara Ponsati was arrested in Scotland on a European Arrest Warrant issued by Spain accusing her of rebellion, i.e., being involved in a violent uprising, and misappropriation of public funds. Professor Ponsati was the Catalan education minister last year … Continue reading

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ToysRUs Crowdfunding A Publicity Stunt

Billionaire Issac Larian is taking some flak for crowdfunding his attempt to rescue ToysRUs from liquidation. As previously noted, he’s offering donors a bumper sticker in exchange for their money, but no equity. His GoFundMe page says that he’s raised … Continue reading

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Israel Finds Crypto-Currency Not A “Security”

The Israel Securities Authority Committee for the Examination and Regulation of Initial Coin Offerings has ruled that ““cryptocurrencies that are designed to be used exclusively as a medium of payment, clearing, or exchange and are not limited to a specific … Continue reading

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Crowdfunding ICO With Mystery Partner

Would you invest in a company that MAY have a “mystery partner”? Under the Securities Act of 1933, investors are entitled to “full and fair disclosure” about the company offering the securities. But when a company is crowdfunding for “donations” … Continue reading

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Crowdfunding NY Professor Sues Cambridge Analytica

Want to know what Cambridge Analytica knows about you? Then you may want to contribute to Prof. David Carroll’s crowdfunding campaign. He is a professor at the Parsons School of Design in New York and was the first US citizen … Continue reading

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Billionaire Crowdfunds To Buy ToysRUs

If you’re a billionaire and want to do a bankruptcy buyout, do you really need to offer bumper stickers to people who donate (ie, not get equity) into your deal? NBC reports that the head of a private entertainment company … Continue reading

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Crypto Exchange Volume Being Falsified

“Slippage” is a measure of the liquidity of digital assets by selling $50,000 worth of each asset across various exchanges to see the effect of the sales on the price of the asset. It was used by crypto trader Sylvain … Continue reading

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White House Bans Petro Coins

Yesterday upon the issuance of the Petro Coin by the Maduro government in Venezuela, the President of the United States signed an executive banning them. “All transactions related to, provision of financing for, and other dealings in, by a United … Continue reading

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Local Government Sponsors Crowdfunding

Some governments are picking winners and losers. The local Biscay government in the Basque region of Spain has handpicked a number of startup companies for whom it is sponsoring crowdfunding campaigns. In an attempt to mitigate the risk of investing … Continue reading

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