You may want to look into creating an EasyCoin company if you haven't already. I don't know the specifics of corporate law, just what I learned from my dad when I was younger (he had his own company for over 10 years)... but a company can help be a good shield from legal issues if it's the right kind.
He's literally asking you to just give him $20k and hope for the best.
Libel. I plan to use methods that make this a legitimate business despite my age. I have never asked for charity nor investment without providing sound and certain value for the investor.
There was a different time in this country where I would be seen as an adult. Most businessmen used to start as early as 14.
Yea, selling newspapers and going door to door making a buck. Like I did.
Not asking for a large investment when I had nothing to prove.