EFTA00830915.pdf

From: "Jeffrey E." <[email protected]> To: Jeremy Rubin Subject: Re: [Potential Investment] Fwd: LedgerX deck Date: Wed, 23 Mar 2016 22:27:30 +0000 yes, all financial institutions are easy, but i have no problem putting it in your name to help begin a reputaiton building On Wed, Mar 23, 2016 at 6:11 PM, Jeremy Rubin < wrote: Hey Jeffrey, It looks like LedgerX is trying to raise a series B at around 6M, and they need a $1m lead to trigger other commitments. You can see the pitch deck below. Basically, they need to raise $1M for operations in their series B + $5m for a CFTC collateral (they already have approval). The startup seems to have a pretty good team, Bryan Bishop is one of the sharpest Bitcoin guys out there (basically the walking bitcoin encyclopedia). Two of the founders are MIT alums/GS alums and they have good talent on the regulatory side. What I've heard is that Coinbase is trying to acquire them because they are short on operational money now, so they are looking to close this by end of month or might be acquired. To me (and to Bryan), this seems like a bad thing for Bitcoin because it allows coinbase to "Advance to GO" on the regulatory side, which would put them in a place to push some of the unfavorable policies they like. I'm going to go by tomorrow and check out their HO/see some of their tech. Is this the kind of thing you'd be interested in investing in? When I visit tomorrow are their any questions you'd like me to ask? Also, to discuss an elephant in the room, how would investment get to them? Some people don't like certain associations, deservedly or not. Is your name good with the CFTC? Best, Jeremy @JeremyRubin Forwarded message From: Bryan Bishop cl Date: Wed, Mar 23, 2016 at 5:55 PM Subject: LedgerX deck To: Jeremy Rubin , Bryan Bishop < >, Zach Dexter Jeremy, Thanks for the chat! I have attached a deck from LedgerX. Happy to talk any time about this opportunity. - Bryan htt ://he k an.org/_ C Copyright 2016 LedgerX LLC. All rights reserved. This e-mail may contain confidential, proprietary and/or privileged information, and is intended solely for the use of the intended recipient(s). If you are not the intended recipient of this communication, please delete and destroy all copies in your possession and notify the EFTA00830915  sender that you have received this communication in error. Any reproduction or dissemination of, or the taking of any action in reliance on, this communication is expressly prohibited. Derivatives and bitcoin trading can give rise to substantial risk of loss and is not suitable for all investors. LedgerX is not soliciting any action based on this material. This communication is not a recommendation to buy, sell or retain any specific investment. LedgerX products and platforms are subject to regulatory oversight and approval. All references to specifications herein are made subject to and are superseded by official LedgerX rules. Current rules should be consulted in all cases concerning contract specifications. LedgerXTM is a trademark of NYBX Inc. All other trademarks are held by their respective owners. please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00830916