Tag Archives: investigation

FTC Investigating Kickstarter Campaign

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

Russia Defense Crowdfunding Stalls

Based on the crowds filling the rallies, you would think that the fund to defend Administration officials in the Mueller Russia investigation would be bulging. But the crowdfunding efforts of the “Patriot Legal Expense Fund Trust’s disclosure reports show that … Continue reading

Posted in accredited investor, Charity, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, deposits, Funding Portals, Legislative Intent, review, technology | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Security Token Exchange Planned

The Wall Street Journal reports that BOX Digital Markets LLC is planning to start a blockchain based exchange for “security tokens” in a joint venture with digital-assets trading platform tZero. Security tokens are digital “coins” issued in Initial Coin Offerings … Continue reading

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

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

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

Hong Kong Democrats Crowdfund To Investigate Former CEO

The Democratic Party of Hong Kong is crowdfunding its “Wolf Hunting Action,” an investigation into the $50 million payment to Leung Chun-ying by UGL Limited, an Australian engineering firm, in conjunction with its takeover of DTZ Holdings, a UK-listed real … Continue reading

Posted in balance, checkbook, Congress, Crowd Fund Act, discrepancies, fraud, Investments, Legislative Intent | Tagged , , , , , , , , , , , , , , | Leave a comment

SEC Investigating Crypto-Currency

You were warned. The Securities and Exchange Commission has issued “dozens” of subpoenas to tech companies and their advisors in its investigation of the initial coin offering and alt coin trading markets. According to the Wall Street Journal, the main … 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, discrepancies, FINRA, fraud, Investments, Jobs, Legislative Intent, penalty, review, SEC, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Reg. CF Campaign Hit With Scam Allegations

Something fishy is going on in the world of regulated crowdfunding. A Regulation CF registered crowdfunding campaign on the Microventures portal is being “bombed” by paid “scam alert” advertisements that claim (allegedly) that the person running the SuperDope campaign has … 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, discrepancies, fraud, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, Small Business | Tagged , , , , , , , , , , , , , , , | Leave a comment