{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-009022","form_type":"8-K","ticker":"CRCW","cik":"0001688126","company_name":"Crypto Co","filed_at":"2024-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.119019+00:00","generated_at":"2026-06-05T02:43:29.543375+00:00","sec_items":["1.01","2.03","3.02"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"The Crypto Company raises $130K via private placement of promissory note to AJB Capital","bullets":["Issued $159K promissory note to AJB Capital; net proceeds of $130K after fees.","Note matures Aug 29, 2024, bears no interest (18% default rate); convertible at discount upon default.","Granted security interest in substantially all assets to secure obligations under the note.","Proceeds used for working capital, potential acquisitions, and general corporate purposes.","Covenants restrict additional non-subordinate debt and require continued OTC Market listing."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-009022","json":"https://secwatch.observer/filing/0001493152-24-009022.json","markdown":"https://secwatch.observer/filing/0001493152-24-009022.md","text":"https://secwatch.observer/filing/0001493152-24-009022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1688126/000149315224009022/0001493152-24-009022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1688126/000149315224009022/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T02:43:29.543375+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":"c5b8d13e7d8689db44370f25e496455653024caf","claim":"Crypto Co incurred loan of $159,000 with AJB Capital Investments, LLC at no interest on the principal except for default interest maturing August 29, 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 $159,000 (the “AJB Note”) to AJB","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1688126/000149315224009022/0001493152-24-009022-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$159,000"},{"label":"Counterparty","value":"AJB Capital Investments, LLC"},{"label":"Rate","value":"no interest on the principal except for default interest"},{"label":"Maturity","value":"August 29, 2024"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"0d77845a476451330c4f0233d5276dccb273fdad","claim":"Crypto Co entered into Securities Purchase Agreement with AJB Capital Investments, LLC valued at $159,000 (effective 2024-02-29).","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 $159,000 (the “AJB Note”) to AJB in a private transaction for a purchase price of $135,000, each dated as of February 29, 2024.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1688126/000149315224009022/0001493152-24-009022-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":"Value","value":"$159,000"},{"label":"Effective","value":"2024-02-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}