Binance, one of the largest crypto exchanges, faced a class action lawsuit on July 11, 2022, in the United States District Court for the Northern District of California. This was the first lawsuit fi...
Tag: Investors
Rate That Crypto And GMX Experience Increased Interest Among Crypto Investors
Whenever the typical hysteria associated with crypto bull runs dies down, smart investors seek crypto and blockchain projects with undoubted utility. This usefulness usually falls into either of two c...
TRON’s weekly report, and why investors should be cautious in the coming month
TRON’s weekly stats revealed a couple of new achievements. However, metrics and TRX’s price action were negative. TRON [TRX] released its weekly report on 5 January, which revealed several new stati...
Thai SEC Launches ‘Crypto Academy’ to Help Digital Asset Investors – Regulation Bitcoin News
The Thai Securities and Exchange Commission (SEC) has launched a crypto academy where investors can learn about digital assets free of charge before investing. “The more you know your investments, the...
Former CEO Of Celsius Network Sued For Defrauding Investors Out Of Billions
New York Attorney General Letitia James filed a lawsuit against Alex Mashinsky, former CEO of the bankrupt crypto lending platform Celsius Network, for defrauding investors – including 26,00 people fr...
Bitcoin: This data clarifies whether investors should remain in fear or go all in
Investors remain terrified of trading BTC despite a possible bullish breakout. Altcoins dominated the market in the first week of 2023; although on-chain signals protected a BTC market balance. The an...
NY Attorney General To Sue Former Celsius CEO For Defrauding Investors
New York Attorney General Letitia James will be suing Celsius CEO Alex Mashinsky. “Alex Mashinsky lied to people about the risks of investing in Celsius,” says James. James seeks to bar Mashinsky fro...
Bad News Greets Residential Home Investors and Real Estate Agencies in the First Weeks of 2023
The end of 2022 was not kind to residential real estate investors or those whose agencies sell and finance homes. Not only did mortgage interest rates climb again at the end of December, but applicati...
HT bears to hunt in shallow waters– mass layoffs draining investors
Token sharply dropped after the reports of internal friction at the Chinese crypto exchange surfaced. Prices fell by nearly 10% in 24 hours. Justin Sun confirmed Houbi will lay off 20%of its staff. Hu...
NY Attorney General Sues Alex Mashinsky: on the count of Defrauding Investors
Celsius gained traction during the pandemic, promising easy loans and high interest. Alex is accused of keeping the promotions going despite knowing the state of Celsius. As of November 2022, they h...
‘Big Short’ Investor Burry Attacks Software Giant Salesforce
The software giant Salesforce’s recent revamp confirms the struggles in Silicon Valley and tech more broadly are widespread. In a bid to cut costs, the specialist in customer-relationship-manage...
SEC Investigates Whether FTX Investors Followed Due Diligence Procedures (Report)
The US Securities and Exchange Commission has reportedly asked some FTX investors whether they conducted proper research on the cryptocurrency exchange before becoming its clients. Recall that the pla...
Gopax investors could face $471M loss if Binance acquisition fails
South Korean exchange Gopax needs to repay customers roughly $471 million in deposits locked up in Genesis Trading — which could be lost if Binance acquisition falls through. Binance reportedly comple...
Snowfall Protocol Is Set To Launch Soon and Investors Have Already Made Major Gains, Shiba Inu And PancakeSwap Can’t Keep Up!
Snowfall Protocol (SNW) is set to launch soon and investors are already looking forward to new opportunities for major gains. Shiba Inu (SHIB) and PancakeSwap (CAKE), two of the most popular DeFi proj...
Ethereum Investors Gain 4.5% in Weekly Timescale As Shanghai Upgrade Nears
Ethereum, the king altcoin, has been generating a lot of buzz lately. According to CoinGecko, the coin appreciated by 4.5% in the weekly timescale. This is because of the upcoming “Shanghai” upgrade w...
SEC probes FTX investors on due diligence procedures: Reuters
The U.S. Securities and Exchange Commission (SEC) wants to understand the due diligence process investors followed when it came to investing in collapsed crypto exchange FTX, according to a Reuters re...
Investors File Lawsuit Against Gemini Trust Co. and Its Co-Founders
Investors have filed a lawsuit against Gemini Trust Co. and its founders. Mishaboar, a Twitter adviser warned about the event. Gemini Earn lets consumers deposit crypto and earn interest of 0.45% to 8...
New York Attorney General files lawsuit against Celsius’ Alex Mashinsky for defrauding investors
The Attorney General of New York, Letitia James, has filed a lawsuit against Alex Mashinsky, the former CEO and co-founder of Celsius Network LLC, for misleading Celsius’ investors about billions of d...
New York Attorney General sues Celsius Network founder for defrauding investors
Former CEO of Celsius Network has been sued for misleading customers and making false statements The lawsuit is spearheaded by New York Attorney General Letitia James The lawsuit seeks to permanently ...
Goldman Sachs Says Investors Should Buy These 3 Solar Energy Stocks; Sees Over 50% Upside Potential
The recently passed Inflation Reduction Act (IRA) may or may not impact inflation – but it contains provisions that are certain to impact clean energy, and particularly the residential and commercial ...
Investors Should Keep an Eye on These Major Blockchain Networks
The market caps of the top networks have increased over the last week. There may be some surprises in store for AVAX, ETH, BSC, and other top chains. BTC’s market cap stands at $323,899,602,605 at pre...
New York State Attorney General Sues Former Celsius CEO for Defrauding Crypto Investors
The New York State Attorney General is filing a lawsuit against the former CEO of bankrupt crypto lender Celsius alleging that he defrauded investors. According to a new press release, Letitia James i...
Why Investors are Turning to Orbeon Protocol (ORBN), AAVE and…
There are many options when it comes to digital assets, and it can be difficult to decide which ones are the best investments. While both AAVE and Hex Coin (HEX) are two popular digital asset options,...
Research Firm Warns Bitcoin And ETH Investors Over DCG
Renowned crypto firm Arcane Research has issued a warning to Bitcoin (BTC) and Ethereum (ETH) investors in light of the escalating events surrounding Digital Currency Group (DCG), Genesis, and Graysca...
New York AG accuses Celsius ex-CEO of defrauding crypto investors
Alex Mashinsky, founder and chief executive officer of Celcius Network Ltd., during a panel session at the Blockchain Week Summit in Paris, France, April 13, 2022. Benjamin Girette | Bloomberg | Getty...
Foreign Investors Raise China Allocations Overnight
China Last Night KraneShares Key News Asian equity markets were higher as Hong Kong, China, and Singapore outperformed, while Indonesia was off more than -2%. Relatively quiet from a news perspective ...
Missing SHIB Made Investors Chase All New Meme Cryptos, David Gokhshtein Explains Why
Yuri Molchan Crypto influencer resumes talking SHIB, hints that no meme coin has been able to repeat its success Contents “After you missed out on SHIB, you started chasing every meme token̶...
Why investors should stop fixating on Apple and Tesla in 2023
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, January 5, 2023 Today’s newsletter...
With 70% ETH stakers at a loss, long-term investors could have reason to worry
More than 70% Ethereum stakes were underwater at press time The Shanghai upgrade would enable unstaking once deployed Staking Ethereum [ETH], particularly after the Merge, prompted several conversatio...
Nikola Stock Price Prediction: Investors’ Struggle May Soon Be Over, Could $2.0 Become Bottom for Asset in 2023?
Nikola stock price follows a declining falling wedge pattern. Bears dragged the asset’s price to all-time lows again this week. Nikola stock price has been trading lower so far after slipping below th...
Investors shift focus to growth stocks China exposure to gain
As we kick off 2023, Wall Street appears to be shifting its focus from inflation to growth. Investors apparently believe the Federal Reserve has inflation under control after dramatically raising inte...
Opinion: Three value-stock investors favor these six picks for a rocky 2023
Analysts expect value stocks to maintain outperformance over growth stocks as interest rates rise and the economy falters. To find some of the best value names to consider, I recently checked in with ...