Monthly Archives: November 2018

SEC Charges Crypto Touting Celebrities

Celebrities watch out! The Securities and Exchange Commission has thrown down the gauntlet about touting crytocurrencies by agreeing to settle charges against boxer Floyd Mayweather and rapper DJ Khaled. Both have disgorged hundreds of thousands of dollars plus interest for … Continue reading

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Crowdfunded Legal Fees OK

Good news for my legal brethern. A recent DC Bar Ethics Opinion says that if your client crowdfunds her legal fees and you are aware of it, no ethical problem. However, “… the lawyer should consider potential risks associated with … Continue reading

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Crowdfunder Looking To Break Tesla Monopoly

How many Tesla dealerships have repair facilities? Trick question since there are no Tesla dealerships and you can’t buy parts at Pep Boys. So, if you have a problem with your $100,000+ vehicle, you have to get a tech to … Continue reading

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Hospital Tells Heart Transplant Patient to Crowdfund

A Detroit hospital has denied a heart transplant procedure to an ailing woman and, in its rejection letter, told her to go out and crowdfund the $10,000 deductible plus the $700 per month post-operation anti-rejection medications. Needless to say, all … Continue reading

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Pay Taxes With Bitcoin Today

Starting today, businesses in Ohio can pay their state taxes in Bitcoin. It’s amazingly simple: (i) register with the State; (ii) enter your tax payment amount and select your tax period date; and (iii) use your compatible cryptocurrency wallet to … Continue reading

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NCAA Lets Athlete Keep Crowdfunded Donations

In a change of heart(?), the National Collegiate Athletic Association (NCAA) has decided that a Division I track athlete can keep the over $100,000 crowdfunded to support her during her college years. Emily Sheck, allegedly disowned by her family after … Continue reading

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SEC Continues Foray Vs. ICOs

The Securities and Exchange Commission may have been a little late to the party, but is continuing to throw junk into the ICO punchbowl as it prosecutes initial coin offering scams. The latest was last week when the SEC settled … Continue reading

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