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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

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