Tag Archives: ICO

Operation Crypto-Sweep Begins

Winter is coming for Initial Coin Offerings¬† in the form of “Operation Crypto Sweep” that started at the beginning of May. The Wall Street Journal reports that U.S. and Canadian securities regulators have instituted almost “70 open investigations and 35 … Continue reading

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SEC Runs Initial Coin Offering Scam

The newest, fabest ICO (Initial Coin Offering) pre-sale went live yesterday, the HoweyCoin. It offers a 15% bonus if you buy now, a number of executives who don’t exist, over 1% daily returns (go figure) and celebrity promoters. Sound fishy? … Continue reading

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HBO’s Silicon Valley Tries Crypto-Currency

Pied Piper decides to circumvent its Venture Capitalist and a $30 million Series B in order to raise the money via an Initial Coin Offering. The ICO offers Richard freedom from the constraints of the VC’s micro-managing but he will … Continue reading

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Telegram Avoids An Initial Coin Offering

Telegram, the encrypted messaging app now banned in Russia and Iran, announced that it was abandoning its plans for a public Initial Coin Offering since it was able to raise $1.7 Billion from fewer than 200 private investors. Some think … Continue reading

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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

Posted in accredited investor, balance, Banks, Broker dealers, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, FINRA, fraud, Investments, Jobs, Legislative Intent, SEC, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

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

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

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