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SEC cracks down on pyramid scheme ran by Crypto Crusaders

Besides the founders, Cheri Beth Bowen, Ronald R. Deering, Samuel D. Ellis, Mark F. Hamlin, Carlos L. Martinez, Alisha R. Shepperd and Sarah L. Theissen were all also charged with violating federal securities laws in connection with Forsage, according to the SEC complaint.

What is a 409A used for?

It’s almost formulaic: 409A assessors will tell a startup what public market companies they look like, and the more mature the startup is, the higher the impact public stock prices can have on the startup’s valuation. That’s because a low 409A valuation allows companies to grant their employees stock options at a lower price.

Kevin O’Leary on stablecoins

It’s a little less than two weeks since Crypto Bahamas began, but we’re still bringing out content from the conference, because, seriously, there was so much good ideas we couldn’t not share it.