Category Archives: Congress

Kavanaugh/Ford Compete For Crowdfunding

Posted on October 2, 2018 by JeffKoeppel

The crowdfunding race is on between Christine Blasey Ford, the woman who has accused Supreme Court nominee Brett Kavanaugh of sexual assault, and Kavanaugh. Their supporters now have competing GoFundme pages, and to date, the Ford page is leading with … Continue reading →

Posted in accredited investor, balance, Banks, Charity, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, Funding Portals, Investments, Legislative Intent, technology | Tagged Brett Kavanaugh, charity, Christine Blasey Ford, confirmation hearing, crowd fund, crowdfunding, death threats, familiy, GoFundMe, Mitch McConnell, security, Senate, Supreme Court | Leave a comment

Criminals Use U.S. Based Crypto Exchange

Posted on October 1, 2018 by JeffKoeppel

A Wall Street Journal investigation has found that nearly $90 million in criminal proceeds have flowed through supposedly anonymous cryptocurrency exchanges since 2016, allowing the money men to launder their ill-gotten gains. The WSJ calls out one such exchange run … Continue reading →

Posted in balance, Banking, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, fraud, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, VC, Venture Capital, Wall Street | Tagged Access Venture Partners, criminals, fraud, FundersClub, hack, hackers, money laundering, North Korea, Pantera Capital, ransomware, regulation, ShapeShift, Swiss registered, technology, VC, venture capital | Leave a comment

Crypto Mining Company Files IPO

Posted on September 28, 2018 by JeffKoeppel

Would you buy an initial public offering of a company that made $1.4 Billion net profit in its last fiscal year? How about if it’s a cryptocurrency mining company? Bitmain filed to list on the Hong Kong exchange yesterday and … Continue reading →

Posted in accredited investor, balance, Banking, CFTC, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Department of the Treasury, Investments, Jobs, Legislative Intent, SEC, technology, VC, Venture Capital, Wall Street | Tagged bitcoin, Bitmain, computer, crypto currency, crypto mining, cryptocurrency, ICO, initial public offering, IPO, mining, mining rig, Securities and Exchange Commission, technology | Leave a comment

Filmmakers Finance With Cryptocurrency

Posted on September 27, 2018 by JeffKoeppel

There’s a lot of talk in the film business about using cryptocurrencies to finance motion pictures. A few films have (apparently) been successful raising funds, including “”No Postage Necessary,” an indie film paid for and distributed on the Qtum blockchain” … Continue reading →

Posted in accredited investor, balance, Banking, CFTC, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, technology, VC, Venture Capital | Tagged bitcoin, crypto currency, cryptocurrency, documentary, film finance, films, motion pictures, movies, sequel, studio, superhero, technology, television, token, web tv | Leave a comment

Unicorn Asks SEC To Let It Give Stock To Gig-gers

Posted on September 24, 2018 by JeffKoeppel

Unicorn AirBnB, valued last year at about $31 Billion, has asked the Securities and Exchange Commission if it could give its “hosts” stock in the company without going public. The company is responding to Concept Release Release No. 33-10521 in … Continue reading →

Posted in accredited investor, Congress, Investments, Jobs, Legislative Intent, review, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged AirBnB, concept release, employee benefit, exemption, gig economy, hosts, IPO, periodic reports, public, Rule 701, SEC, Securities and Exchange Commission, stock | Leave a comment

Terrorist Crowdfunding

Posted on September 14, 2018 by JeffKoeppel

Like everything else, crowdfunding has a dark side. Terrorists use a platform found on Tor (the dark web) to raise money for weapons, pickup trucks, gun accessories like silencers and even paying for your favorite mujahideen to go to combat … Continue reading →

Posted in balance, Banking, Banks, Charity, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, fraud, Funding Portals, Investments, Jobs, Legislative Intent, technology | Tagged 9/11, crowdfund, crowdfunding, cryptocoins, cryptocurrency, dark web, death, donation, guns, hustling, ISIS, jihad, Koran, mining, mujahideen, Muslim, religion, terrorism, terrorists, Tor, war booty, weapons | Leave a comment

P2P Lender Going Public

Posted on September 5, 2018 by JeffKoeppel

Shadow banking has come full circle with the registration of Funding Circle Holdings, Ltd.’s filing for an initial public offering in the UK. In its IPO, FCH is attempting to raise about $385 million that would value the crowdfunding peer-to-peer … Continue reading →

Posted in accredited investor, balance, Banking, Banks, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, deposits, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, VC, Venture Capital, Wall Street | Tagged Bank of New York Mellon, crowdfund, crowdfunding, depository, initial public offering, IPO, lender, line of credit, non-bank, p2p, peer to peer, regulation, shadow bank, small business | Leave a comment

FTC Investigating Kickstarter Campaign

Posted on August 30, 2018 by JeffKoeppel

Crowdfunding buyers of the iBackPack have recently received inquiries from the Federal Trade Commission about the Kickstarter and Indiegogo crowdfunding campaigns that raised over $700,000 but have, as yet, fundamentally failed to deliver a product to its consumers. While the … Continue reading →

Posted in accredited investor, balance, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, fraud, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, Small Business, technology, VC, Venture Capital | Tagged campaign, complaints, consumer, crowdfund, crowdfunding, delivery, Doug Monahan, Federal Trade Commission, fraud, FTC, iBackPack, IndieGoGo, investigation, kickstarter, pre-sale, product, restitution | Leave a comment

Crowdfunding Shows Cracks In Our Society

Posted on August 22, 2018 by JeffKoeppel

Sick society? Alissa Quart, executive director of the Economic Hardship Reporting Project, asserts that crowdfunding and the “gig” economy actually represent huge societal problems. “Middle class life is now 30 percent more expensive than it was 20 years ago, Quart … Continue reading →

Posted in accredited investor, balance, Charity, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, technology, Venture Capital, Wall Street | Tagged benevolent overlord, charity, college, cost of living, crowdfund, crowdfunding, debt, funeral costs, gig, gig economy, GoFundMe, housing, medical expenses, paycheck, society, technology, Uber | Leave a comment

In A First, Fiat Currency Tied To A Cryptocurrency

Posted on August 21, 2018 by JeffKoeppel

A sign of desperation or genius? Venezuela’s President Maduro, who is fighting against hyperinflation, has just done a major financial flip by tying the country’s fiat currency to the value of its “Petro” cryptocurrency. (Most “stable” cryptocurrencies are tied to … Continue reading →

Posted in accredited investor, balance, Banking, Banks, CFTC, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, fraud, Investments, Jobs, Legislative Intent, review, technology | Tagged crypto currency, cryptocurrency, fiat currency, finance, hyperinflation, inflation, Maduro, Petro, stable coin, stable cryptocurrency, US Dollar, USD, Venezuela | Leave a comment