Shawn Owen
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categoryFinance
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Views143
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Reviews0
Shawn Owen
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categoryFinance
-
Views143
-
Reviews0
2.9
trust score
2.9
brand audit
N/A
user’s score
0
user reviews
Medium risk
| Associated with EquaSTART | Add. AssociationSALT Lending | OccupationEntrepreneur | Related IndustryCrypto |
| GenderMale | Adverse MediaYes | Securities Fraud RiskHigh | Flight RiskMedium |
| Online PresenceLow | Transparency ScoreMedium | Regulatory Action RiskHigh | Misleading Marketing RiskMedium |
An overview on Shawn Owen
Shawn Owen is a serial tech entrepreneur who has launched multiple crypto ventures. His latest venture was Equa START. Prior to that, he was running SALT Lending, a blockchain-based lending platform.- Highly experienced
- Faced multiple complaints
- Faced serious allegations
- Deceptive marketing claims
Shawn Owen has a consumer rating of N/A stars from 0 consumer complaints and reviews indicating that most customers are NOT satisfied with their experience. Consumers unhappy with Shawn Owen most frequently mention bad support and high costs.
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critical intel on Shawn Owen
Don't Trust SALT with your collateral
This is a review against Shawn Owen’s SALT Lending. Here, the reviewer highlights that they had two loans with salt. They paid back on time. During a flash crash, they swiftly liquidated them without giving them an opportunity to respond to the margin call. The user’s collateral was liquidated at a price significantly below the market value. They couldn’t be trusted with their collateral.
| Posted in2021 | Posted byLeland White | Complaint SubjectFraudulent Activity | Content TypeReview |
| LanguageEnglish | Google SERP<10 | Search VisibilityMedium |
Top 3 negative keyword association :
- Don't Trust
- Liquidated
- No margin call
Salt Lending Forced to Offer Refunds by the SEC
Salt Blockchain Inc., the owner of the lending platform that offered dollar-denominated loans collateralized by cryptocurrencies, was informed by the Securities and Exchange Commission (SEC) that it had to initiate the refund process for investors.
The company had a 14-day window to release a statement on its website, notifying the public about the order.
In a public letter, it was stated by the SEC that Salt’s ICO had violated securities regulations as the sale had not been registered beforehand.
The SEC determined that the token was classified as a security due to Salt’s communication to investors, which indicated the potential for a return on their investment.
After the filing of a registration statement, investors had a three-month window to submit their claims to Salt. It was Salt’s responsibility to repay their investments, along with any agreed interest.
Salt agreed to settle the action and paid a $250,000 civil penalty to the Commission within 10 days.
| Posted in 2020 | Source ReliabilityVery High | Regulatory ActionRefund for Investors | Reason for ActionUnregistered ICO |
| Reason for Action #2Harm to Investors | Regulatory Action AgainstSALT Lending (Shawn Owen's Company) | Brand ImactMedium | Google SERP<10 |
Top 3 negative keyword association :
- Harm
- Unregistered ICO
- Charged by SEC
Expert Risk Assessment on Shawn Owen
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0 Comments
Shawn Owen has a consumer rating of N/A stars from 0 consumer complaints.
- Background Check 1 week
- OSINT + Cyber Intel 1 week
- Global Database Checks 1 week
- Human Interpretations 1 week
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