Category Archives: discrepancies

Is Crowdfunding Under False Pretenses A Crime?

Is crowdfunding under false pretenses a crime? According to news reports, a young black woman tweeting under the name “reformed republican” tweeted her support for President Trump. Shortly thereafter, she tweeted: “After seeing this tweet, my parents cut me off … Continue reading

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Belgium Warns Citizens About Crypto Scams

Some government financial regulators are taking a more pro-active approach to cryptocurrency matters. Take, for instance, Belgium’s Financial Services and Markets Authority (FSMA) that now warns its public about those cryptocurrency offers and exchanges that are not fully compliant with … Continue reading

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Sick Crowdfunders Spending On Quacks

With the Congress still trying to kill the Affordable Care Act and many states kicking people off of Medicaid, many are turning to crowdfunding to pay for expensive medical treatments. However, a recent study found that a lot of that … Continue reading

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SEC Shuts Down ICO Claiming SEC Approval

Don’t tug on Superman’s cape: The Securities and Exchange Commission got an emergency court order to stop an Initial Coin Offering that falsely claimed that the SEC had “approved” the ICO. It also halted pre-sales of the tokens from Blockvest … Continue reading

Posted in accredited investor, Banking, CFTC, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, fraud, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Kavanaugh/Ford Compete For Crowdfunding

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 , , , , , , , , , , , , | Leave a comment

Court Says Securities Fraud Case on Cryptocurrency Can Move Forward

More to come as Judge Raymond Dearie in the Eastern District of New York Federal court has ruled that securities law fraud cases can be brought against promoters of cryptocurrencies. Now, the U.S. Securities and Exchange Commission’s case can move … Continue reading

Posted in accredited investor, balance, CFTC, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, fraud, review, SEC, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , | Leave a comment

No Good Crowdfunding Deed

Is it “no good deed goes unpunished”? A New Jersey couple who had been helped by a homeless man set up a crowdfunding site for him. After raising more than $400,000, they gave Johnny Bobbitt some of the money. But … Continue reading

Posted in accredited investor, balance, Charity, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, fraud, Funding Portals, Investments, Jobs, Legislative Intent, review, technology | Tagged , , , , , , , , , , , , , | Leave a comment