Tagged: colorado

Australian Jailed in Colorado for Laundering Money Using Bitcoin

An Australian living in Boulder, Colorado has been sentenced to one year and a day in prison and 12 months probation for laundering money using Bitcoins. Emilio Testa, age 32, was arrested after selling bitcoins to undercover agents. “According to the stipulated facts contained in… Read More

Colorado Governor Jared Polis Signs Blockchain Friendly Digital Token Act into Law

Governor Jared Polis of Colorado signed the Colorado Digital Token Act into law last week. The legislation is designed to provide limited exemptions from the securities registration and securities broker-dealer and salesperson licensing requirements for persons dealing in digital tokens and cryptocurrencies. According to the… Read More

Overstock.com Blockchain Portfolio Company Voatz to Support Smartphone Voting for Upcoming Denver Municipal Elections

Officials from the Denver Elections Division announced on Thursday Voatz, a portfolio company of Overstock.com, Inc. (NASDAQ: OSTK) will partner with Tusk Philanthropies to introduce a pilot program that will allow voters to use smartphones to cast votes for the upcoming Denver municipal elections.  The… Read More

Colorado Sanctions 4 More ICOs, Two Pending – Bringing Total to 20

Colorado has been particularly active in its pursuit of questionable initial coin offerings (ICOs) projects being marketed and made available to Colorado state residents. Now a release from the local securities regulator says the region’s Securities Commissioner, Gerald Rome, has signed cease and desist orders against… Read More

Four More ICOs Sanctioned in Colorado

Colorado Securities Commissioner Gerald Rome has ordered four more issuers of initial coin offerings to stop selling unregistered securities in the Western American state. The latest round of cease and desist orders brings the total number of ICOs now sanctioned by Colorado to 12. Bitcoin… Read More

Colorado Issues Two Cease & Desist Orders for ICOs Selling Unregistered Securities: DavorCoin and Cyber Capital Invest

The Colorado Division of Securities posted a note this week about issuing “final” Cease & Desist orders pertaining to two companies promoting initial coin offerings (ICOs). The C&D referenced selling un-registered securities in the state. Davor, offering the DavorCoin, and Cyber Capital Invest, offering CCI… Read More

Colorado Pro-Crypto ICO Bill Fails

A bill (HB 1426) that would have made Colorado a haven for ICO’s (Initial Coin Offerings) failed to pass a third reading Wednesday in the Colorado Legislature by a narrow margin of 18-17, the Denver Post reports. ICO’s are a type of tradable “digital asset”… Read More

Alpine Bank Selects Fintech Avoka to Build Customized Account-Opening Experience

On Tuesday, fintech startup Avoka announced that Colorado-based Alphine Bank has selected the Avoka Transact Platform to enhance its digital presence. Avoka reported that it will deliver completely digital account openings that include ID verification, funding, and immediate establishment of the account. The company noted… Read More

Funding Circle Expands US Ops into Rocky Mountain State, Poised for Mile High Growth

Funding Circle, a leading small business loans platform, has expanded its U.S. operations with a second office in Denver, Colorado. With the move Funding Circle will look to hire around 290 new employees in the Denverarea over the next two years to support the company’s… Read More

Bouck Brothers Distillery Seeks Growth Funds on Indiegogo/Microventures

Bouck Brothers Whiskey, a distillery located in Idaho Springs, Colorado, has launched a funding round on Indiegogo/Microventures’ equity crowdfunding platform. The company describes itself as a small batch distillery and tasting room that specializes in unique whiskey and adventurous spirits. Bouck Brothers Distilling currently offers five spirits,… Read More

Recoup Fitness Syncs with WeFunder for First Capital Raise, Already Counts NHL, NBA, NFL & MLB Players as Clients

Recoup Fitness founder and CEO Matt Hyder has partnered with WeFunder, a US regulation crowdfunding portal, for his company’s first capital raise.  The Colorado-based fitness company aims to raise $1.07 million, having quickly secured over $20K from 7 investors. Funding will be used to increase manufacturing and… Read More

iFunding Selects The Bruckal Group For Denver Senior Bridge Loan

Over the weekend, real estate crowdfunding platform iFunding announced it had raised a total of $750,000 for a senior bridge loan in Denver, Colorado. The website confirmed that this loan is structured to accommodate a dynamic real estate strategy. The Bruckal Group was selected for the loan… Read More

Lendio Reveals Top 10 Best States for Small Business Lending (Infographic)

Lendio, an online service that helps business owners find small business loans, announced on Friday its top 10 best states for small business lending. This list was created in celebration of National Small Business Week and is based on lending data from the platform, which… Read More

XTI Aircraft CEO on Expanding StartEngine Initiative: We Had Received 2,000 Expressions of Interest

Last month, Colorado-based XTI Aircraft Co. (XTI) announced it has extended its TriFan 600 campaign on StartEngine. This was after the company secured $20.6 million in non-binding expressions of interest. XTI has designed a 6 seater, vertical take-off and landing aircraft that has the potential to… Read More

Dealstruck Success CAUTION: Brewing Co. Expands Business By Opening New Location

On Wednesday, Dealstruck announced one of its customers, Colorado-based CAUTION: Brewing Co., finalized a second location called CAUTION: West. The marketplace leader revealed that since the sale of its first beer in 2011, CAUTION: has experienced marked revenue growth. Before launching the second location, the company received numerous… Read More

Family of Planned Parenthood Attack Victim Receives Nearly $240,000 Through YouCaring Initiative

  Last month, Officer Garrett Swasey, a police officer at the University of Colorado – Colorado Springs, was killed during the recent attack on the city’s Planned Parenthood office. Immediately following the deadly situation, a YouCaring campaign was launched to help the victim’s family. The… Read More

YouCaring Announces “10 Most Compassionate Compassionate Cities And States” & Service Promise to Users

On Tuesday, crowdfunding platform YouCaring announced “The 10 Most Compassionate Cities and States,” which highlights the areas of the U.S. that best demonstrate the spirit of helping others and giving back.YouCaring, which provides free crowdfunding for personal and charitable causes, such as medical expenses and… Read More

InvestLocal is First Investment Crowdfunding Platform Under Colorado Exemption

InvestLocal is the first investment crowdfunding platform to take advantage of the  Colorado Crowdfunding Act which went into effect this past August. But expect it to be joined by several other platforms which have filed the Form CF-3 to act as an online funding intermediary… Read More

Colorado’s Sunflower Seed Butter Good Luck Chuck Launches CircleUp Initiative to Raise $750,000 For Expansion

Good Luck Chuck LLC, a Boulder-based sunflower seed butter company, announce this week that it has initiated its first round of funding through crowdfunding platform, CircleUp. The brand stated: “Good Luck Chuck seeks to gain a national acceptance by appealing to groups that are typically ignored… Read More

Brief: EquityEats & EzyXchange First to Register Under Colorado’s Crowdfunding Act

Last month, Colorado government officials announced that its new crowdfunding law was set to go into effect on August 5th, which allows residents participate in equity projects. Governor John Hickenlooper signed the Colorado Crowdfunding Act into law back in April, which allows the state’s residents to be able to… Read More

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