Will Sylianteng of Wes Litigation Group. Crowdfunding Campaigns: Are Your Clients Raising Money for Their Injuries?
While there is not much litigation yet involving crowdfunded campaigns and their effect on litigation pertaining to the underlying circumstance that led to the campaign, you can expect that—like with all new technology—the law will evolve (albeit slowly) to address these burgeoning issues.
November 24, 2021 at 12:51 PM
6 minute read
It seems nowadays there is a crowdsourced fundraising appeal for every cause; from the infamous "build a wall" campaign to newlyweds simply looking for help to finance a dream honeymoon. Crowdsource fundraising, usually facilitated by companies such as GoFundMe, Indiegogo, Fundly and Bonfire, are online appeals where individuals post causes with the hopes that enough people (crowd) contribute to the cause that they meet or exceed a set fundraising goal by sourcing hundreds of small donations through those platforms.
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