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Coinbase Faces SEC Probe Over Token Listings, Staking and Yield Products
2022 Aug 10, 10:31pm | 435Crypto exchange Coinbase Global Inc (NASDAQ: COIN) said it is being investigated by the U.S. Securities and Exchange Commission (SEC) over a number of its products. What Happened: The company in its most recent quarterly report stated that it received investigative...
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WWE's Vince McMahon Is Back In The Hot Seat: New SEC Filing Reveals More Information Amid Misconduct Investigation
2022 Aug 10, 2:44pm | 656Former World Wrestling Entertainment, Inc. (NYSE: WWE) CEO Vince McMahon is once again in the hot seat after a new U.S. Securities and Exchange Commission (SEC) regulatory filing. What Happened: The filing disclosed another $5 million in payments made by McMahon on two separate occasions...
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Elon Musk Reveals He Sold Tesla Shares Last Week To Prepare For An 'Unlikely' Event
2022 Aug 09, 11:18pm | 378Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said he sold shares of the automaker to avoid an emergency sale in the “hopefully unlikely” event Twitter Inc (NYSE: TWTR) forces his buyout deal to close. What Happened: Musk confirmed that he was done selling in response to a question on Twitter...
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This Psychedelics Company Is Setting Up An Equity Program For Up To $35M In Shares
2022 Aug 09, 5:50pm | 283Cybin Inc. (NEO: CYBN) (NYSE: CYBN) has launched an at-the-market (ATM) equity program through which it will issue and sell up to $35 million in common shares in the company’s capital, from the treasury to the public. Cybin’s shares distributions will be handled through agents...
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Here's When Alibaba's Primary Listing In Hong Kong Is Expected To Happen
2022 Aug 09, 3:01am | 257The Hong Kong Stock Exchange has put out a filing by Alibaba Group Holding Ltd (NYSE: BABA) that seeks to change its secondary listing status on the Main Board of the Hong Kong Stock Exchange to a primary listing. Also Read: Alibaba Gains 1%, JD Sheds 2%: Hang Seng Opens Lower...
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Kevin O'Leary's Crypto Market Outlook: 'The Mega Opportunity For Bitcoin'
2022 Aug 07, 11:41am | 431O'Shares ETFs chairman and renowned Shark Tank investor Kevin O'Leary shared his outlook on the current crypto market, in a recent interview with Stansberry Research. O'Leary argued that the present cryptocurrency market desperately needs policy and regulation. He said, "...
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Robinhood Discloses SEC Probe On Short Selling Rules Compliance
2022 Aug 04, 8:02am | 320Robinhood Markets Inc (NASDAQ: HOOD) disclosed in a filing that the U.S. Securities and Exchange Commission has been probing the company's compliance with short selling rules since October 2021. Robinhood said it received additional requests from the SEC in Q2 for information...
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Robinhood Fined $30M By New York Regulators Who Say The Crypto Unit Was Uncompliant: What's Next?
2022 Aug 02, 4:21pm | 439The New York State Department of Financial Services said on Tuesday fined Robinhood Markets Inc (NASDAQ: HOOD) $30 million for significant anti-money laundering, cybersecurity and customer protection violations. In addition to the penalty, Robinhood’s crypto unit will have to retain...
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Binance.US Delists Amp Token That SEC Deemed a Security
2022 Aug 02, 2:06pm | 248Binance.US (CRYPTO: BNB) will delist the AMP (CRYPTO: AMP) token “out of an abundance of caution” after the U.S. Securities and Exchange Commission alleged AMP was a security last month in its insider-trading case against a former employee of the Coinbase crypto exchange and two of his...
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SEC Charges 11 People In $300M Crypto Ponzi Scheme
2022 Aug 02, 7:53am | 297The Securities and Exchange Commission has charged 11 people for their roles in creating and promoting an allegedly fraudulent crypto-focused pyramid & Ponzi scheme that raised more than $300 million from investors. Forsage scheme allowed retail investors to enter transactions via...
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Elon Musk's Brother Kimbal Exercises Option To Buy 25K Tesla Shares
2022 Jul 28, 4:54am | 410Editor's note: This article has been updated to reflect the correct number of Tesla shares beneficially owned by Kimbal Musk and the value of that holding. We apologize for the error. Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk’s brother Kimbal Musk on...
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'The Big Short' Star Michael Burry Says SEC Doesn't Have 'The Resources Or IQ Point's To 'Correctly' Investigate Coinbase
2022 Jul 27, 3:35am | 475‘The Big Short’ investor Michael Burry isn’t convinced that the U.S. Securities and Exchange Commission (SEC) can carry out a proper investigation into crypto exchange Coinbase Global Inc (NASDAQ: COIN). What Happened: In a tweet on Tuesday,...
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SEC Demands Additional Information On Russian Business Exits From Companies: WSJ
2022 Jul 26, 7:56am | 371The Securities and Exchange Commission has urged numerous corporations to make changes for future filings after questioning them repeatedly about how they disclose the financial impact of Russia's conflict on Ukraine, reported Wall Street Journal. To ensure that investors can properly analyze...
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Coinbase Under SEC Probe Over Crypto Token Listings: Report
2022 Jul 25, 11:09pm | 456The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Coinbase Global Inc (NASDAQ: COIN) for listing unregistered securities on its cryptocurrency trading platform. What Happened: According to a report from Bloomberg on Monday, three people familiar...
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Mark Cuban Warns Crypto Faces Nightmare From SEC's Next Move: 'Wait Till You See What They Come Up With'
2022 Jul 25, 12:05am | 582Shark Tank investor Mark Cuban has warned that the Security and Exchange Commission's (SEC) next steps to regulate cryptocurrency would be a nightmare for the industry. What Happened: “Wait till you see what they come up with for registration of tokens. That's the...
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