Category Archives: VC

Big VCs Push SEC To Back Off

Big Venture Capital that supports crypto-currency firms have hired the major Washington, D.C. lobbyist guns to try to keep the Securities and Exchange Commission and other financial regulators off their backs. According to the Wall Street Journal, “The group wanted … Continue reading

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Brain Cancer Drug Co. Crowdfunding

New pharma company CNS Pharma is using Regulation CF to raise SAFE (Simple Agreement for Future Equity at a 16% discount to the future raise) to fund Phase II clinical studies of its drug Berubicin for the treatment of the … Continue reading

Posted in accredited investor, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , ,

Bloom Off The Bitcoin Tulip

Bitcoin is so yesterday. According to the Wall Street Journal, the bloom is off the Bitcoin tulip as: prices have dropped from nearly $20,000 to $7,000, internet searches for the word have dropped 80%, “average daily trading volume this month … Continue reading

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Reg. D ICO Raises $125M From Accredited Investors

Intangible Labs, Inc., a Delaware corporation organized last year, apparently conducted a private placement of Simple Agreement for Future Tokens under Rule 506(c) of Reg. D and raised  $125 million from accredited investors for its Basecoin, a stablecoin project that … Continue reading

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81% of ICO’s May Be Scams

A recent study by the crypto-currency consulting firm Satis Group of initial coin offerings greater than $50 million has classified them as either a “scam,” “failed-pre-trading,” “gone dead-pre-trading,” “dwindling-trading,” “promising-trading,” or “successful-trading.” Their conclusion was “On the basis of the … Continue reading

Posted in accredited investor, balance, Banks, checkbook, Congress, Consumer Financial Protection Bureau, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, fraud, Funding Portals, Jobs, Legislative Intent, review, SEC, technology, VC, Venture Capital | Tagged , , , , , , , , , , , , , , , | Leave a comment

Is The Verge Crowdfunded ICO A Scam?

Doubts are creeping into the successful Initial Coin Offering crowdfunding campaign by Verge. Verge initiated the ICO by disclosing that it was about to enter into a partnership with a “mysterious partner” that “owns a “vast network of super high … 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, Funding Portals, Jobs, Legislative Intent, review, SEC, technology, VC, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Crypto-Currency Exchange May Be Bailed Out

Crypto-currency exchange Coincheck, that lost almost $500 Million (or 523 million NMX tokens) in a recent hack, may be rescued by Japanese internet broker Monex Group. Coincheck paid out about $435 Million to about 260,000 customers to partially reimburse them. … Continue reading

Posted in accredited investor, balance, CFTC, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , | Leave a comment