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There's actually a recent ruling from the SEC that allowed raising funds from non accredited investors when it comes to crowdfunding. So it's actually legal to
by mardifoufs 7y ago
There's actually a recent ruling from the SEC that allowed raising funds from non accredited investors when it comes to crowdfunding. So it's actually legal to sell equity in crowdfunded projects to pretty much everyone [0]. But there are a LOT of rules and limitations around the whole process, which makes sense imo
[0] https://www.sec.gov/news/pressrelease/2015-249.html https://www.sec.gov/news/pressrelease/2015-249.html