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SoLo Funds settles lawsuit over predatory lending accusations in District of Columbia

TechCrunch

The District of Columbia Attorney General today announced an agreement with SoLo Funds, a fintech company that enables peer-to-peer lending, to settle a lawsuit that alleged SoLo Funds engaged in predatory lending practices. In February, TechCrunch reported that SoLo Funds had acquired over 1 million registered users and over 1.3

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Feds arrest founder of bitcoin ‘mixer’ they say laundered $335 million over ten years

The Verge

Sterlingov is charged with money laundering, operating an unlicensed money transmitting business, and money transmission without a license in the District of Columbia. The current value of the Bitcoin Fog cluster — the large database of transactions — is about $70 million, the IRS said.

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3 Key Compliance Reminders for 2021 and Beyond

Bloomerang

Alcohol licenses. If you’re going to serve alcohol at your event, you might need a separate state liquor license. . Right now, 41 states and the District of Columbia require licenses for games of chance like these. Right now, 41 states and the District of Columbia require licenses for games of chance like these.

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Catch founder says health benefits startup is shutting down

TechCrunch

While it took the Catch team of 15 (in 2021) nearly two years to get approvals to sell its platform in 38 states on the federal marketplace, the company ultimately had insurance licenses with 47 states and the District of Columbia, according to its website.

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Talkiatry lands $20M Series A to go all in on in-network psychiatric care

TechCrunch

Plus, in order to expand into new markets, Talkiatry has to go through the arduous legal process of local licensing requirements, instead of just going to a white-label solution that helps staff similar companies while offloading individual practitioner certification. Its competition is paying attention.

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Nonprofit Strategy Conference Calls from PdF

Tech Soup

Culture Change: How DC's Office of the Chief Technology Officer is Driving Internal Change December 16, 2010 Speaker: Bryan Sivak , Chief Technology Officer (CTO) for the District of Columbia. Photo: Allison Fine at The Networked Nonprofit book launch at TechSoup Global; Matt Sharp ; CC license. Learn more and register here.

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The good and the bad in the government’s case against Facebook

The Verge

If successful, the FTC’s case — which was joined by 46 states, the District of Columbia, and Guam — could force the company to divest itself of Instagram and WhatsApp, radically reshaping the digital economy. Also noteworthy: the FTC just lost a similar case against Qualcomm over its licensing practices.