Category Archives: fraud

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

Posted in accredited investor, balance, Banking, 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, SEC, technology, VC, Venture Capital | Tagged , , , , , , , , , , , , , , , | Leave a comment

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

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

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

Crypto Petro Competes With Bolivar

As of Monday, the Venezuelan cryptocurrency, the Petro, became the “mandatory accounting unit” of the state oil company PDVSA. And that’s just in time, since the fiat currency of the country, the Bolivar, is now being used as toilet paper … Continue reading

Posted in accredited investor, balance, Banking, Banks, checkbook, Crowd Fund Act, Crowd Funding At the Margins, Crowd Funding Platforms, fraud, Funding Portals, insufficient funds fees, Jobs, Legislative Intent | Tagged , , , , , , , , , , , , , , | Leave a comment

Criminals Use U.S. Based Crypto Exchange

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

Crypto Roundtable To Discuss Regulation

“Cryptocurrencies are a crock,” according to Rep. Brad Sherman (D-CA). But today, representatives of cryptocurrency companies and other financial services providers will have a chance to have a seat at the roundtable being held in Washington, DC today to give … Continue reading

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

Crowdfunding For Alternative Treatments Can Lead To Faster Death

Steve Jobs was a smart guy until it came to his cancer. Now, it appears that others are following his lead by crowdfunding for “alternative” treatments , like coffee enemas, for their illness. A study shows that “In just the … 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, fraud, Funding Portals, Investments, Jobs, Legislative Intent, review, technology | Tagged , , , , , , , , , , , , , , , | Leave a comment