An issuer raising capital under Rule 506(c) must take “reasonable steps” to verify that investors are accredited. Rule 506(c)(2)(ii) specifies several steps that will be deemed reasonable, like getting a letter from the investor’s accountant. Looking to save money, some issuers are tempted to verify investors themselves rather than using a third-party service like VerifyInvestor. …
For Ibiza, esports was always the option. The single-minded PUBG star began in the ill-fated War Z battle royale and has never looked back since. Walking down that unclear path, he's found a team, a career, and a life for himself.
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