Tag Archives: scheme

Pump & Dump: Cryptocurrency

SUCKA! The Wall Street Journal is reporting that their analysis of cryptocurrency trading has exposed at least 175 “pump and dump” schemes generating $825 million in activity over the last seven months. It’s a game of musical chairs where anonymous … 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, Film, fraud, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding Causes SEC Deja Vu

One of the reasons that the SEC doesn’t like crowdfunding is because the sale of small company shares is just an extension (in its institutional instinctual memory) of the old penny stock – boiler room business. As a reminder of … Continue reading

Posted in Broker dealers, 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, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment