Financial Crimes Weekly: Insider Trading At Arista, Del Taco; KuCoin In Civil Action Suit
Andreas Bechtolsheim, founder of Arista Networks, settled insider trading charges for $1M. SEC alleged he traded on info about Acacia's takeover.
‘Fidelity Files For Spot Ethereum ETF’ – BreakingTheNews
https://breakingthenews.net/Article/Fidelity-files-for-spot-Ethereum-ETF/61760407#:~:text=Fidelity%20Investments%20filed%20on%20Tuesday,ETF)%2C%20with%20staking%20included. Fidelity Investments filed on
Coinbase Legal Setback: Court Rejects Motion To Dismiss SEC’s Securities Allegations
Major setback for Coinbase as court rules against its motion to dismiss SEC lawsuit. Allegations of unregistered securities activity and staking program deemed unregistered security offering.
Crypto Crusader John Deaton Battles Critic Elizabeth Warren In High-Stakes Senate Race
Crypto attorney, John Deaton, has announced his candidacy for the U.S. Senate in Massachusetts, aiming to unseat current Senator Elizabeth Warren (D-MA).
Ethereum Soars Past $3,000 As Experts Anticipate Network Upgrades, ETF Approval By May
The price of Ethereum (CRYPTO: ETH) surged past the $3,000 mark for the first time since April 2022 in the last 24 hours.
Bitcoin Hits $1-Trillion Value, Nvidia Outweighs Google And Amazon, Hot Inflation Pauses Stock Gains: This Week In The Markets
Bitcoin (CRYPTO: BTC) surged past $50,000 this week, catapulting to a $1-trillion market valuation just a month after the Securities and Exchange Commission granted approval for the first spot Bitcoin exchange-traded fund.
Beverage Share Scam Funds Casino Binges, Crypto Ponzi Scheme Get SEC’s Attention: Financial Crime Weekly
SHE Beverage Co claimed its bottled water could cure cancer
Bankrupt Genesis Gets Green Light To Liquidate $1.38 Billion In Grayscale Trust Shares
A U.S. bankruptcy court on Wednesday granted bankrupt crypto lending firm Genesis Global the go-ahead to offload approximately $1.6 billion worth of Grayscale cryptocurrency trust shares, aiming to settle debts with its creditors.
SEC’s Gary Gensler Warns Investors About ‘AI Washing’ Tactics In Wall Street’s Technology Craze
Companies seeking to capitalize on the burgeoning artificial intelligence (AI) market must be cautious about misleading investors with exaggerated or inaccurate claims about the technology's impact on their business, according to SEC Chairman Gary Gensler.
2008 ‘Big Short’ Oracle Burry Bets Big On Chinese Giants, Backs Google, Amazon’s AI Wave
Michael Burry, the visionary investor, made significant changes to his portfolio in Q4 2023. Increased stakes in Chinese retailers and two US tech giants, divested from four companies and reduced holdings in others.