Investors

Investors

SEC Sues Crypto Founder, Alleging $1 Billion In Unregistered Crypto Sales And Multimillion-Dollar Fraud

The Securities and Exchange Commission on Monday filed charges against a U.S. citizen it alleged raised more than $1 billion through the unregistered offer and sale of crypto securities before pilfering millions to fuel a high-status lifestyle and the acquisition of luxury goods, including the largest black ...Read More

New SEC Regulations Seek To Protect Investors From Meme-Stock Frenzy

The U.S. Securities and Exchange Commission (SEC) has made moves to impose stricter controls on retail brokerages such as Robinhood Markets Inc., in an effort to safeguard customers from the dangers posed by the application of advanced analytics. The regulators are concerned these firms could exploit ...Read More

Icahn Enterprises fielding enquiries by U.S. prosecutors

Activist investor Carl Icahn’s empire said on Wednesday it is fielding inquiries about its operations from U.S. prosecutors, a week after a short-seller accused it of over-valuing its assets, sending its shares down 18%. Icahn Enterprises LP’s (IEP) revelation that it had received inquiries ...Read More

THE CRYPTO CULLING: Thousands of employees are getting the axe as companies face plunging valuations, scandals, and legal turmoil

In the early days of January, several major companies in the cryptocurrency industry, such as Genesis, Coinbase, Blockchain.com, and Crypto.com, announced plans to significantly reduce their workforces. For a few of these companies, such as Crypto.com and Genesis, this marks the second round of layoffs within ...Read More