Post

Raphael Satter
@raphae.li

As of last year, Wyoming had more company incorporations per capita than any other state - surpassing even Delaware. blog.opencorporates.com/2024/12/04/w...

blog.opencorporates.comWyoming overtakes Delaware for per-capita company incorporations, OpenCorporates data showsA massive growth in incorporations of LLCs in Wyoming over the past five years has caused it to overtake the historic leader in incorporations, Delaware, according to a new detailed analysis of US …

5 reposts16 likes

Raphael Satter
@raphae.li

That enormous growth in corporate registrations in Wyoming is noteworthy because the state is a secrecy jurisdiction where registered agents can shield the companies' true owners from scrutiny. In the past, Wyoming LLCs have served as springboards for cybercime. www.reuters.com/technology/c...

reuters.comHow cybercriminals are using Wyoming shell companies for global hacksSomali reporter Abdalle Ahmed Mumin was doubly distressed when he heard that a colleague had been abducted by masked gunmen at the University of Mogadishu on the morning of Aug. 17.
Raphael Satter
@raphae.li

Meanwhile Registered Agents Inc, one of the companies that's helped juice Wyoming's LLC boom, has been using fake names to front its companies, per this bonkers Wired report from earlier this year: www.wired.com/story/regist...

wired.comInside the Shadowy Firm Pushing the Limits of Business PrivacyRegistered Agents Inc. has for years allowed businesses to register under a cloak of anonymity. A WIRED investigation reveals that its secretive founder has taken the practice to an extreme.