{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-005249","form_type":"8-K","ticker":"CRCW","cik":"0001688126","company_name":"Crypto Co","filed_at":"2024-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.118485+00:00","generated_at":"2026-06-06T07:06:23.663499+00:00","sec_items":["1.01","2.03","3.02"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Crypto Company enters $50K debt facility with AJB Capital; net $40K","bullets":["Borrowed $50,000 principal at $42,500 purchase price; net proceeds $40,000 after fees.","Note matures July 30, 2024, zero interest except 18% on default; convertible at discount.","Secured by substantially all assets; proceeds for working capital, acquisitions, general purposes.","Default triggers 18% interest, acceleration, conversion discount, and collection costs."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-005249","json":"https://secwatch.observer/filing/0001493152-24-005249.json","markdown":"https://secwatch.observer/filing/0001493152-24-005249.md","text":"https://secwatch.observer/filing/0001493152-24-005249.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1688126/000149315224005249/0001493152-24-005249-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1688126/000149315224005249/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T07:06:23.663499+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":"b7c905e04d92707b38f9a3bdf290fb55f56d08ab","claim":"Crypto Co incurred loan of $50,000 with AJB Capital Investments, LLC at no interest on the principal except for default interest maturing July 30, 2024.","evidence_excerpt":"The Crypto Company (the “Company”) borrowed funds pursuant to the terms of a Securities Purchase Agreement (the “AJB SPA”) entered into with AJB Capital Investments, LLC (“AJB”), and issued a Promissory Note in the principal amount of $50,000 (the “AJB Note”) to AJB in a private transaction for a purchase price of $42,500, each dated as of January 30, 2024, the funds for which were received on February 1, 2024.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1688126/000149315224005249/0001493152-24-005249-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$50,000"},{"label":"Counterparty","value":"AJB Capital Investments, LLC"},{"label":"Rate","value":"no interest on the principal except for default interest"},{"label":"Maturity","value":"July 30, 2024"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"1a739e08c1502b1c3c58aaef2fd175c0bbd547b0","claim":"Crypto Co entered into Securities Purchase Agreement with AJB Capital Investments, LLC (effective 2024-01-30).","evidence_excerpt":"The Crypto Company (the “Company”) borrowed funds pursuant to the terms of a Securities Purchase Agreement (the “AJB SPA”) entered into with AJB Capital Investments, LLC (“AJB”), and issued a Promissory Note in the principal amount of $50,000 (the “AJB Note”) to AJB in a private transaction for a purchase price of $42,500, each dated as of January 30, 2024","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1688126/000149315224005249/0001493152-24-005249-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"AJB Capital Investments, LLC"},{"label":"Effective","value":"2024-01-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}