Yes, Facebook deemed Cloud's SEC qualified offering as a "get rich quick scheme" despite allowing multiple other offerings with virtually the exact same terms to run on their platform, including several from Manhattan Street Capital, whose CEO is a member and contributor of Forbes. Why, you ask? My opinion is because Brad Parscales, the current campaign manager for Donald Trump, is a majority holder here, that's why.
Despite both Parscales and Cloud separating themselves from each other, there are still attacks being made from left-leaning outlets simply because of the relationship.
Van Noy returned the money to an investor who claimed the money was not used as intended. There were no criminal convictions.
As far as what the former executive did before any current management or businesses were here, who cares. It has nothing to do with the current company.
CLWD!!