Kickstarter

Crowdfunding
10:17 am
Fri May 9, 2014

Victim Happy That Washington State Filed Crowdfunding Lawsuit

This screen grab from the Asylum Playing Cards' Kickstarter page shows the cards' designs.

One of the victims of an alleged crowdfunding scam says he’s not counting on getting his money back. But he’s glad Washington’s attorney general has filed a consumer protection lawsuit. It’s believed to be the first state action against a crowdfunding project sponsor.

Brad Lansford only lost $9, but he still feels burned. In 2012, he backed a Kickstarter project called Asylum Playing Cards.

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small business in the digital age
11:32 am
Sun May 19, 2013

Should the state OK equity crowdfunding?

Throwboy founder Roberto Hoyos is seen at work on his sewing machine.

Crowdfunding websites have grown rapidly as a way to raise money for creative ventures—everything from movies to scientific research, to clever inventions. You might have heard of Kickstarter, Indiegogo or Rockethub. It would be just a small leap to use those same platforms to sell shares in a startup. That's illegal right now, but maybe not for long.

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