Focusing on the How, not the What – Making sense of recent SEC guidance on crypto assets

ethereum and bitcoin emblems

Photo by David McBee on Pexels.com

Through a triad of recent releases/interviews, the SEC has further clarified how it views the offering and sale of crypto assets. These guidance materials provide some really good insight on the SEC’s thinking with respect to its treatment of crypto assets; including some bright line interpretations with respect to both Bitcoin and Ethereum. However, certain of the SEC’s recent statements may give industry participants a false sense of hope and there are still may questions left unanswered.

Continue reading

Posted in Gen Crowdfunding | Leave a comment

ICO Attorneys Beware, You Could Be Next!

pexels-photo-703157.jpegFollowing the SEC’s recent initial subpoena offerings (pun intended) targeting ICO issuers, many believe the SEC might now turn its sights toward some of the gatekeepers involved in the subject ICOs, including the attorneys. Some attorneys practicing in the ICO space have simply been too aggressive in their approaches, or otherwise negligent in their advice to clients, drawing recent criticism from the SEC and increasing the potential that we will see the SEC take direct action against such attorneys.

many believe the SEC might now turn its sights toward some of the gatekeepers involved in the subject #ICOs, including the attorneys

CLICK TO TWEET TWITTER LOGO

Continue reading

Posted in Gen Crowdfunding | Leave a comment

Priming the ICO Pump; Don’t Get Sucked In

books-library-knowledge-tunnel-50548.jpegIf you’ve been under a rock for the last year or so, you might not know that “initial coin offerings” or ICOs are the hottest thing in the financial market today. As if the fact that the overwhelming majority of ICOs aren’t regulated in any substantive way didn’t make them a risky enough investment, it seems fraudsters are dusting off the old “pump-and-dump” scheme made famous in the 80’s and 90’s and giving it new life in the ICO industry.

Continue reading

Posted in Gen Crowdfunding | Leave a comment

2017 STATE OF THE STATES – List of Current Active and Proposed Intrastate Crowdfunding Exemptions (Updated)

LAST UPDATED: August, 2017

I don’t know about the rest of you out there but I have not yet found a website that accurately identifies each of the states that have currently enacted, or are in some stage of enacting, an intrastate crowdfunding exemption. As a result, for everyone’s sake (including my own) I decided to scour the internet and create my own list. I will attempt to keep this list as current as possible so please bookmark this page (or better yet, subscribe to my blog).

Also, if you have any comments (e.g. I missed something, a link is broken, my hair looks great in my profile picture, etc.) please feel free to contact me.

Now, without further ado, the LIST: Continue reading

Posted in Gen Crowdfunding, Illinois Crowdfunding, Intrastate Offerings, JOBS Act, Rule 147 | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Freeborn’s Second Annual “Incubate Illinois” Conference Will Focus On Tech/Fintech

Last year we started the “Incubate Illinois Conference” which was designed to bring together Midwest incubators/ accelerators, VC/angel investors, and emerging businesses. The conference was a huge success and we are doing it again, only this time it promises to be bigger and better!!!

Continue reading

Posted in Gen Crowdfunding | Tagged , , , , | 1 Comment