There is an endless array of social media personalities all over every media outlet possible discussing every facet of the crypto industry and the nascent roiling markets. Many of them are sincere, honest, and well-meaning, while probably just as many…
Federal DOJ criminal charges and a Commodities Futures Trading Commission civil complaint have recently been filed against Mr. Alexandre for the alleged operation of a ponzi-like commodities pool where investors received weekly interest in the nature of 5%-10% from the…
Decentralized Autonomous Organizations (DAOs) are a new entity type only beginning to take hold as a governance mechanism for a business venture or non-profit project. Thus far two states have a legal entity that may be formed as a DAO…
Crowfunding is as old as any other type of capital fundraising but the regulations were codified officially in the 2012 JOBS ACT. Some 40 billion dollars have flowed into the various types of projects since then, increasing each year. Reg…
Simply put it potentially may be both. The SBA doesn’t make loans it only guarantees them. It’s up to their affiliated lenders to qualify, process and administer SBA loans. The lender will decide if the conditions have been met for…
In the present litigious climate full of starving shark attorneys, most business owners and other professionals have or will receive a certified letter threatening legal action if the demands contained in it are not met. Of course it’s always best…
Since 1982 the SEC has instituted a regulatory scheme wherein only persons with $1mn in assets and $200k in earnings for 3 years would be permitted to invest in unregistered securities offerings. At that time only about 2% of the…
Attorneys love to push Family Limited Partnerships for estate planning and asset protection purposes, generally because they are costly to prepare and involve a great deal of paperwork, but the real reason is that most people simply do not understand…
We recently reviewed the best states to form an LLC, which include Delaware, Wyoming, and New Mexico. In this post we will review the worst states due to cost, duration, burdensome filing requirements, taxes which must be paid, lack of…