Signature Bank is facing scrutiny from the U.S. Department of Justice over potential shortcomings in its efforts to thwart money laundering, according to insiders familiar with the matter cited in a B...
Tag: Reportedly
WWE Reportedly Pitches Steve Austin WrestleMania 39 Match Against LA Knight
Steve Austin could wrestle a second straight WrestleMania match. (Credit: Paul Abell/AP Images for … [+] WWE) Copyright 2011 AP. All rights reserved. This material may not be published, broadcas...
Trump’s Media Company Reportedly Under Federal Investigation For Money Laundering Linked To Russia
Topline A federal criminal investigation into former President Donald Trump’s media company Trump Media has expanded to include potential money laundering violations linked to an $8 million loan with ...
ILMN Stock Rockets As Carl Icahn Reportedly Steps In Over Grail
Carl Icahn is setting up a fight for control at Illumina (ILMN) after what the activist investor called an “ill-advised and frankly inexplicable” acquisition of Grail. In response, ILMN st...
FED to Reportedly Post First Annual Operation Loss of $80 Billion
Bitcoin’s Twitter account stated that the Federal Reserve is technically bankrupt. It also reported that the FED will post its first annual operating loss of $80 billion. The FED is also alleged to ha...
US Justice Department is reportedly investigating TerraUSD (UST) collapse
FBI and SDNY are probing the collapse of Terra’s algo-stablecoin – UST The agencies investigation is on similar lines as that of the SEC, which charged Do Kwon for committing securities fraud The Unit...
Auction process is reportedly underway to find a buyer for Silicon Valley Bank
A sign is posted in front of the Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Justin Sullivan | Getty Images Federal regulators are conducting an auction for Si...
Robinhood reportedly suspends USDC depositing and trading
Robinhood, a platform that allows the commission-free trading of, among other instruments, cryptocurrencies, via a mobile app, has halted the depositing and trading of USDC. Robinhood temporarily paus...
Elon Musk is reportedly building his own town in Texas
Elon Musk has reportedly bought thousands of acres of land about 35 miles outside of Austin and plans to build his own town there for employees to live and work. The Wall Street Journal reports Musk h...
Trump Denies Affair With Stormy Daniels—As He Could Reportedly Face Criminal Charges In Hush-Money Scheme
Topline Former President Donald Trump denied having an affair with adult film star Stormy Daniels and attacked her appearance in a lengthy statement issued through his campaign, hours after reports em...
Mexican Drug Cartel Reportedly Claims Responsibility—And Apologizes—For Abducting And Murdering Americans
Topline Members of a Mexican drug cartel purportedly penned a letter apologizing for kidnapping four Americans and killing two of them last week, and claimed that the individuals responsible for the v...
Silvergate reportedly talks with FDIC on ways to avoid shutdown
United States banking regulators have reportedly been sent to Silvergate’s headquarters in La Jolla, California — looking for ways to save the crypto-friendly bank from a possible shutdown. A M...
CoinFLEX restructuring approved in Seychelles as rebranding reportedly continues
Crypto investment platform CoinFLEX has received approval for its restructuring plan from the courts in Seychelles, the company announced March 7 on its blog. The courts are expected to publish the o...
Trump-Lake 2024? He’s Reportedly Considering Her As A VP Pick—But She Says She’s Still Focused On Failed Arizona Race
Topline Former President Donald Trump is considering defeated Arizona gubernatorial candidate Kari Lake as a potential running mate in the 2024 presidential election, Axios reported Tuesday, citing pe...
Amazon to Reportedly Debut NFT Marketplace Next Month
20 seconds ago | 2 mins read NFT News The service will initially be available to U.S. users only. Anyone without access to cryptocurrency wallets like MetaMask may still purchase NFTs. According to re...
Just-In: Amazon NFT Marketplace To Reportedly Launch Next Month
Tech giant Amazon to reportedly launch its NFT marketplace next month, with 15 NFT collections already available from the launch date. According to sources, Amazon plans to launch the “Amazon Di...
Binance reportedly wanted SEC chair Gary Gensler to be an adviser
The present SEC chair had rejected the offer to serve as an adviser to Binance, as per WSJ Binance reportedly has been “much more intertwined” with its American affiliate than it has disclosed Binance...
Investment Firm Multicoin Capital Reportedly Suffered 91.4% Loss in 2022
12 mins ago | 2 mins read Bitcoin News Multicoin recorded a 100.9% gain for the fund in January 2023. The letter goes on to describe the various measures Multicoin has implemented. A copy of Multicoin...
GM Reportedly Cutting Hundreds Of Employees
General Motors is letting go of hundreds of salaried employees in a cost-cutting plan intended to save $2 billion over the next two years, multiple outlets reported Tuesday—making it the latest U.S. c...
Voyager reportedly sells assets on Coinbase exchange
It has been revealed that the centralized finance (CeFi) platform known as Voyager Digital has been selling its assets via the cryptocurrency exchange known as Coinbase. Voyager Digital filed for Chap...
Elon Musk reportedly building team to develop ChatGPT alternative
Amid concerns about the neutrality of OpenAI’s text-based artificial intelligence (AI) platform ChatGPT, Tesla (NASDAQ: TSLA) CEO Elon Musk seems to be busy working on creating an alternative to the h...
Binance reportedly moved $1.8 billion of collateral backing customers stablecoin
Binance moved over $1 billion of customer funds meant as reserves for B-tokens last year The funds were sent to firms like Alameda Research, Cumberland, and Tron Binance CSO stated that there was “no ...
SGEN Stock Rockets As Yet Another Big Pharma Reportedly Considers A Takeover
Pfizer (PFE) is in early talks to acquire cancer specialist Seagen (SGEN), according to a report that sent SGEN stock flying on Monday. X If true, it would help Pfizer add to its lineup of cancer trea...