Nexo will no longer offer its Earn Interest Product to US citizens and residents. The decision was in line with the recent settlement with major US regulatory bodies. Previously, Nexo offered up to 3...
Tag: Affiliates
Paytm Shares Decline Following Alibaba Affiliate’s Alleged Sale of Stake Worth $125M
Digital payments firm Paytm saw its stock decline markedly after a shareholder offloaded 19.20 million shares. Paytm shares suffered an 8.8% decline on Thursday following a series of block deals recor...
JD.com Billionaire Founder Richard Liu Gives Up Stakes In Healthcare, Logistics Affiliates Amid China’s Regulatory Crackdown
JD.com’s Richard Liu Lintao Zhang/Getty Images Richard Liu, the billionaire who founded e-commerce giant JD.com, gave up all his shares in two affiliated companies, in the latest move by a Chine...
Series Of Class Action Lawsuits Filed Against Terra, Do Kwon And Affiliates
Another class action lawsuit has been filed against TerraForm Labs, its founder Do Kwon, head of research Nicholas Platias, and affiliated firms that duped billions from investors. Bragar Eagel & ...
Should Forex & CFD Affiliates Be Regulated?
The regulation of the Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the conv...
Kwakol Announces Exciting Developments for Traders & Affiliates
Leading Nigeria-based global brokerage firm, Kwakol Markets, has announced a slew of developments in 2022. These developments are aimed at expanding to new markets and offering cutting-edge tools for ...
Binance.US Faces SEC Probe Over Trading Affiliates: Report
“Market-making activities are standard in both traditional finance and crypto, such as Citadel Securities or those on FTX performed by Alamada Research, a business owned by FTX’s founder Sam Ban...
Binance.US is under investigation from SEC over trading affiliates: Report
The U.S. Securities and Exchange Commission (SEC) has reportedly launched a probe into major crypto exchange Binance’s U.S. arm regarding trading firms connected to Binance CEO Changpeng Zhao. A...
The SEC Is Probing Binance.US’s Trading Affiliates
Key Takeaways The U.S. SEC is reportedly probing two firms that act as trading affiliates for the crypto exchange Binance.US. Both of the firms under investigation are apparently controlled by Binance...