Washington became the first state to enforce action against a failed crowdfunding project.
A King County court ordered the founders of the Asylum Playing Cards Kickstarter campaign to pay $54,851 in restitution, civil penalties and court fees. Edward J. Polchlopek III (a.k.a. Ed Nash) collected funding to create a series of horror-themed playing cards that never materialized.
While only backers living in Washington will receive restitution, commenters on the Kickstarter page are reporting they have finally received their decks … just two short years later. Either way, this news is good news for skeptical U.S. consumers and lends more legitimacy to the overall crowdfunding process.
Hat tip: Ubergizmo.