Flipcause promised investors profits. Now one is suing its founder
Investor lawsuit targets Flipcause's former executive chairman, Emerson Ravyn, personally
Investor lawsuit targets Flipcause's former executive chairman, Emerson Ravyn, personally
Nonprofits confronted Flipcause's leadership, demanding answers about missing donations.
The donation platform owes $29 million to nonprofits nationwide.
Without the ability to process payments, the donation platform spiraled into bankruptcy court.
Court filings show Flipcause executives paid themselves millions as nonprofits waited for donations.
Flipcause’s press release highlights its past success while omitting bankruptcy, debts, and ongoing legal challenges.
Flipcause once called Oakland home. Now, the fundraising platform accused of withholding millions is nowhere to be found.