Monthly Archives: February 2019

Crowdfunding Defense Costs: What’s OK?

Should crowdfunding be allowed for someone’s legal defense? And if, so are some crimes worse than others?  Some platforms are drawing the line, and making fine distinctions. For example, GoFundMe just terminated R Kelly’s legal defense crowdfunding campaign as a … Continue reading

Posted in Uncategorized | Leave a comment

Crowdfunding Musician Platform In Triage Mode

Crowdfunding is a way to connect artists directly to their fans. That’s what PledgeMusic has been doing for musicians for the past 8 years. Until now. Variety reports that PledgeMusic is still taking fan money, but is in “triage mode” … Continue reading

Posted in Uncategorized | Leave a comment

Crowdfunding Not Ethical Per US Gov

Although it doesn’t look like any furloughed Federal worker will be prosecuted, the Office of Government Ethics has published a “reminder” in the case of further shutdowns aimed particularly at those who crowdfunded some of their missing salaries. In fact, … Continue reading

Posted in Uncategorized | Leave a comment

Startup Mixes Crowdfunding & Lobbying

EchoRidge, a New Hampshire startup, has combined crowdfunding with politics. The idea is 3 pronged: find a group of like-minded citizens who have a cause; crowdfund to raise money to hire a lobbyist to help the group; and connect the … Continue reading

Posted in Uncategorized | Leave a comment

Crypto ICO Confesses To SEC

A D.C. cryptocurrency cybersecurity company that raised almost $13 million went to the Securities and Exchange Commission and confessed that the initial coin offering was an unregistered securities offering. Gladius Network, LLC conducted the ICO after the SEC issued its … Continue reading

Posted in Uncategorized | Leave a comment

Wise Guy Crowdfunding Change To Marty’s Movie

Here’s a wise guy who is crowdfunding to mess with an Oscar winning picture. Director Martin Scorsese won the Academy Award for best director for his movie “The Departed.” As the article notes, it was so good that even Mark … Continue reading

Posted in Uncategorized | Leave a comment

MJ’s Nephew Crowdfunds To Counter Doc

How does one stand up to slander? Taj Jackson, the oldest nephew of the late pop sensation Michael Jackson, wants to create a documentary to counter-program against the film “Finding Neverland.” So, he’s set up a crowdfunding campaign to raise … Continue reading

Posted in Uncategorized | Leave a comment

Facebook Sister Starts New Crowdfunding Blockchain Company

Crowdfunding has (at least) two core problems: failure and trust. A new startup, led by Randi Zuckerberg (sister of Mark), claims that “85 percent of campaigns end up delaying delivery, while up to 14 percent fail altogether.” The other problem … Continue reading

Posted in Uncategorized | Leave a comment

JP Morgan Intoduces The JPM Coin

Remember when JP Morgan CEO Jamie Dimon called Bitcoin a “fraud”? Well, now the Bank has introduced the JPM Coin. CNBC calls it “a digital token that will be used to instantly settle transactions between clients of its wholesale payments … Continue reading

Posted in Uncategorized | Leave a comment

Stone Spouse Crowdfunds To Gingrich List

Not taking sides here… The old saying it’s not what you know, it’s who you know that counts still, apparently, goes. Presidential confidante Roger Stone is #crowdfunding his legal defense of his indictment by the Mueller investigation. Not a surprise; … Continue reading

Posted in Uncategorized | Leave a comment