Tag Archives: XVG

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 ‚Äúvast 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

Crowdfunding ICO With Mystery Partner

Would you invest in a company that MAY have a “mystery partner”? Under the Securities Act of 1933, investors are entitled to “full and fair disclosure” about the company offering the securities. But when a company is crowdfunding for “donations” … Continue reading

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