{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-013837","form_type":"8-K","ticker":"CRCW","cik":"0001688126","company_name":"Crypto Co","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.045383+00:00","generated_at":"2026-06-16T09:06:39.492662+00:00","sec_items":["2.04","5.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Crypto Company defaults on $200K note; Coventry converts $20K to shares","bullets":["Coventry Enterprises declared default on $200K 10% promissory note; converted $17,916.94 principal and $2,083.06 interest to common stock.","Director Anthony Strickland resigned from board and audit committee effective April 25, 2023; no disagreement cited.","No replacement director announced; board seat remains vacant."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-013837","json":"https://secwatch.observer/filing/0001493152-23-013837.json","markdown":"https://secwatch.observer/filing/0001493152-23-013837.md","text":"https://secwatch.observer/filing/0001493152-23-013837.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1688126/000149315223013837/0001493152-23-013837-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1688126/000149315223013837/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T09:06:39.492662+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2242737422c445c4722b12de39eee94e820edddb","claim":"Crypto Co reported a default on loan of $200,000 with Coventry Enterprises, LLC at 10%.","evidence_excerpt":"”) with Coventry Enterprises, LLC (“ Coventry ”), pursuant to which the Company issued to Coventry a 10% unsecured promissory note (the “ Note ”) in the principal amount of $200,000, and 25,000 shares of restricted common stock. In the event of a default, the Note is convertible into shares of the Company’s common stock, par value $0.01 per share (the “","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1688126/000149315223013837/0001493152-23-013837-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$200,000"},{"label":"Counterparty","value":"Coventry Enterprises, LLC"},{"label":"Rate","value":"10%"},{"label":"Event","value":"default"}],"fact_type":"debt_financing"},{"claim_id":"b01ec86d16","claim":"Anthony Strickland resigned as Director at Crypto Co.","evidence_excerpt":"On April 25, 2023, Anthony Strickland resigned from the board of directors (the “ Board ”) of The Crypto Company (the “ Company ”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1688126/000149315223013837/0001493152-23-013837-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}