MicroStrategy purchased 53,922 BTC for an average buying price of $48,710. This takes the total BTC held by the company to 124,391 The company incurred $146.6 million of bitcoin impairment costs. Impa...
Tag: Charges
Microstrategy lost $146M to Bitcoin impairment charges in Q4 2021
MicroStrategy, the fortune 500 company with a 125,051 Bitcoin (BTC)-strong treasury, announced its Q4 2021 financial results on Feb. 2. The institutional software solution provider reported a net loss...
MicroStrategy will continue to buy BTC despite impairment charges
advertisement MicroStrategy plans to continue investing its free flows into bitcoin, and expects its investors to think of it as a vehicle for crypto exposure. The firm shared its Q4 earnings report t...
CFTC Charges Florida Man with Defrauding Investors Out of $9.8M
The Commodity Futures Trading Commission (CFTC) has charged a Florida resident and his investment firm with fraud for allegedly defrauding investors in their commodity pool out of $9.8 million. The re...
CFTC Charges ROFX and 5 Promoters for $58 Million FX Fraud
The Commodity Futures Trading Commission (CFTC) has continued its bust against fraudulent investment schemes and recently filed a civil enforcement action against five individuals and five companies f...
Boeing Stock Rises Despite Q4 Miss, Charges Recorded On 787, KC-46 Programs| Investor’s Business Daily
Boeing’s (BA) fourth-quarter results fell short of analyst expectations as it saw charges on its 787 Dreamliner and KC-46 programs. Boeing rose early Wednesday. X Boeing reported a loss of $7.69...
SEC Charges Financial Advisor in $5.8 Million Fraud
The Securities and Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange...
British Soldier Faces Charges for Stealing Bitcoins and Assaulting Owners
A male British soldier has recently been charged in court on counts of kidnapping and robbery for allegedly stealing a couple’s bitcoins worth thousands of dollars. The 36-year-old soldier identified ...
SunPower to Record $31 Million of Charges for Cracking Issue. The Stock Tumbles.
Text size An employee works to install new solar panels at a solar plant in Turkey. Chris McGrath/Getty Images SunPower shares were falling sharply Friday after the solar tech company said it expects ...
Alex Murdaugh Facing Over 70 Financial Crimes Charges After Indictments Allege He Defrauded Victims Out Of Nearly $9 Million
Topline Alex Murdaugh has been indicted on 27 new counts of fraud and computer charges, the South Carolina Attorney General’s Office said Friday, bringing a total of more than 70 charges against the d...
U.S. Charges Officials In Belarus With Piracy For Forcing Plane With Dissident To Land
Topline U.S prosecutors charged four Belarusian officials Thursday with conspiracy to commit aircraft piracy, after Belarus drew widespread condemnation in May 2021 for using an alleged bomb threat to...
DOJ Charges Oath Keepers Leader, 10 Others In Latest Jan. 6 Case
Topline Stewart Rhodes — leader of the anti-government Oath Keepers — was charged Thursday with seditious conspiracy stemming from the Capitol riot, one of the highest-profile arrests in the Departmen...
Investors Seek Criminal Charges After $3.6B Billion Bitcoin Theft in South Africa
Raees and Ameer Cajee, the brothers behind crypto platform Africrypt, have not been seen since the two allegedly made off with $3.6 billion in Bitcoin last summer. And amid the recent dip in markets, ...
SEC Charges Australian ‘Man Behind the Machine’ in $41M Crypto Fraud Scheme – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has charged an Australian citizen who called himself the “Man behind the Machine” in a fraudulent crypto scheme that raised almost $41 million. He and...
SEC Charges Another Founder and Its Companies For Misleading Investors
After the SEC hinted that it seeks more regulatory power over the crypto industry, it has constantly grown strict, chagrin another founder and its two companies for delusive statements related to a $4...
SEC charges Craig Sproule with Fraud
TL; DR Breakdown The SEC charged a crypto startup and its proprietor with fraud. Most traders consider ICO as a fraud. The Securities and Exchange Commission [SEC] has charged Craig Sproule with fraud...
SEC Charges Crypto Firm Crowd Machine Founder With ‘Fraud and Unregistered’ ICO Offering
According to the Securities and Exchange Commission, Craig Sproule, the founder of Crowd Machine, defrauded investors out of their money, reports Yahoo Finance. For fraud investors about how he planne...
SEC Charges Man Behind $40.7 Million ICO, Here’s Why
The crypto world may have move past the ICO wave of 2017 but Securities & Exchange Commission (SEC) has not and SEC has charged issuers of a $40.7 Million ICO from 2018. As per a report published ...
US SEC Charges Australian Man for $41M ICO Fraud
The US Securities and Exchange Commission (SEC Securities and Exchange Commission (SEC) The Securities and Exchange Commission (SEC) is one of the most widely known independent authorities in the ...
SEC charges Crowd Machine over allegedly unregistered ICO
advertisement The Securities and Exchange Commission has charged an Australian man for allegedly making false claims related to an unregistered initial coin offering (ICO). The US securities regulator...
DOJ Charges Its First Suspect In Haitian President’s Assassination
Topline The Department of Justice on Tuesday charged an ex-Colombian military officer with allegedly participating in the plot to kill former Haitian President Jovenel Moïse, marking the first U.S. pr...