Transcribed from: http://adamtracy.io/video/cryptocurrency-hedge-fund-investment-company-act/ “There are an abundance of crypto funds out there, and many of them aren’t complying with the Investment Company Act. And, there are two main exemptions from the Investment Company Act 3: the 3C1 Fund and the 3C7 Fund. A 3C1 Fund limits you a 100 owners, right? So think of a … Read more
Transcribed from: http://adamtracy.io/video/paid-initial-coin-offering-promotion/ “So the SEC recently came down on boxer, Floyd Mayweather, and rapper, DJ Khaled, over their promotion of an ICO that turned out to be fraudulent. And it’s a good lesson for a lot of crypto influencers, if you want call them that, social media stars, and the like because the end … Read more
Transcribed from http://adamtracy.io/video/adam-tracy-initial-exchange-offerings/ “So the initial exchange offering, right? It’s new and I like it. You know, what you have is an ICO that takes place through an exchange much like an IPO. And I think that’s actually a good start, and I like it for its redundancy for couple reasons:” “1) You know that … Read more