Tag Archives: SEC

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 Consolidates With Crowdfunding

Even as evidence grows as to the unreliability of cryptocurrencies, legitimate players are consolidating their positions in the industry. Goldman Sachs-backed Circle, a cryptocurrency platform has acquired crowdfunding platform SeedInvest. SeedInvest is reported to be the largest crowdfunding site in … 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, Funding Portals, Investments, Legislative Intent, SEC, technology, 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

Unicorn Asks SEC To Let It Give Stock To Gig-gers

Unicorn AirBnB, valued last year at about $31 Billion, has asked the Securities and Exchange Commission if it could give its “hosts” stock in the company without going public. The company is responding to Concept Release Release No. 33-10521 in … Continue reading

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Crypto & Crowdfunding Come Together

Crowdfunding has officially met cryptocurrency as the popular site Indiegogo is now hosting the Initial Coin Offering for the St. Regis Hotel Aspen. The hotel company is using Rule 506(c) under Regulation D to sell security tokens that will represent … Continue reading

Posted in accredited investor, Broker dealers, checkbook, Crowd Fund Act, 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 , , , , , , , , , , , , , , , , , | Leave a comment

Not The Season For Crypto ETFs (Yet)

It’s still not time for cryptocurrency Exchange Traded Funds according to the Securities and Exchange Commission. Yesterday, it denied 9 applications to operate Bitcoin ETFs giving as their reason (as they reasoned when they turned down the Winklevoss Twins recently): … Continue reading

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Crypto Bank Questioned

There are about $216 Billion worth of cryptocurrencies in circulation (according to the Wall Street Journal) and of that, about $3 Billion is in the cryptocoin Tether. A major reason for this is that Tether claims to be backed by … Continue reading

Posted in accredited investor, balance, Banking, Banks, CFTC, 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 | Tagged , , , , , , , , , , , , , , | Leave a comment