“Let’s be clear on one thing. Gary Gensler is evil,” Tyler Winklevoss said in a detailed thread about the SEC chair amid resignation rumors…
Prosecutors Charge Four Crypto ‘Market Makers,’ Employees With Market Manipulation, Fraud…
Gotbit, CLS Global, MyTrade, and ZM Quant were secretly offering market manipulation services to projects that wanted to artificially inflate their trading volume, prosecutors allege…
An Ethereum ETF Is Coming Sooner Than You May Expect…
Bitcoin ETFs were delayed because of politics. Now that we have clarity — along with seven deadlines between May and August — Ethereum ETFs aren’t far away…
Binance Files for Protective Order Against SEC…
Crypto exchange Binance late on Monday filed for a protective court order against the U.S. Securities and Exchange Commission, saying the regulator’s requests for information were “over broad” and “unduly burdensome.”…
China Is Cheating on Obama-Era Stock Market Deal, Trump Urged to Intervene…
The recent spectacular collapse of a Chinese coffee company and a stark warning by federal regulators are focusing an uncomfortable light on an Obama-Biden era stock market concession to Beijing, one that could become President Trump’s next target. Since 2013, Chinese companies have been allowed to participate in U.S. stock and bond exchanges without having […]
China Played the U.S. “Like a Stradivarius” (AUDIO)…
In the WeWork IPO, the Money Trails End Up at JPMorgan’s Doorstep…
According to the amended prospectus filed with the Securities and Exchange Commission to alert the public to the thousands of warts with malignant possibilities sprouting out of the office rental company, WeWork, which plans to offer its shares to the public for the first time, JPMorgan Chase will receive something no other underwriter is getting […]
Economist Nouriel Roubini Compares Crypto Coin Market to “Cocaine’s Drug Pushers”…
While the Securities and Exchange Commission and Congress finesse a delicate dance around the potential criminality of Bitcoin trading and other cryptocurrencies, NYU Professor and economist Nouriel Roubini has launched a savage attack on the “currencies,” calling them “a joke,” a “scam,” a “sh*tcoin,” and no better than “cocaine drug pushers.” Not to put too […]
LabCorp Says 7.7M Customers May Have Been Affected by Data Breach…
LabCorp said about 7.7 million customers’ personal information may have been compromised due to a data breach at a billings collections firm — a day after competing lab testing company Quest Diagnostics also announced nearly 12 million patients were potentially affected by a similar security incident. LabCorp said Tuesday that third-party collections firm American Medical […]
Goldman Sachs Investment Banker Arrested on Insider Trading Charges…
A 37-year-old investment banker for Goldman Sachs was arrested Thursday on charges he used inside information on mergers for which the company was a financial adviser to garner more than $130,000 on stock trades. Woojae “Steve” Jung, 37, of San Francisco, was charged with six counts of securities fraud and one count of conspiracy, according […]