Court documents in the Caribbean are revealing new ways that former FTX CEO Sam Bankman-Fried misallocated customer funds before the exchange’s collapse. In the official Caribbean Supreme Court affida...
Tag: Shares
Shares of Chinese funeral company rise as Covid infections leap
Workers in protective gear handle a coffin and coffin case at Dongjiao Funeral Parlor, reportedly designated to handle Covid fatalities, in Beijing, China, on Monday, Dec. 19, 2022. Bloomberg | Bloomb...
Should I buy Intel shares after the current dip?
Intel Corporation (NASDAQ: INTC) shares have weakened from $30.09 to $25.35 since December 13, 2022, and the current price stands at $26.09. Intel’s business remains stable, the dividend yield is abov...
Asian shares rise in thin holiday trading, with U.S., European markets closed
BANGKOK (AP) — Shares rose Monday in Asia in thin post-Christmas holiday trading, with markets in Hong Kong, Sydney and several other places closed. Tokyo’s Nikkei 225 index NIK, +0.65% gained 0.6% to...
Should I buy Verizon Communications shares in January 2023?
Verizon Communications Inc. (NYSE: VZ) shares have weakened more than 25% since the beginning of January 2022, and the current price stands at $38.41. Last week, Morgan Stanley upgraded its rating on ...
Musk says he won’t sell Tesla shares for two years: time to buy?
Tesla Inc (NASDAQ: TSLA) was in focus on Friday after Elon Musk made yet another promise that he won’t trim his equity stake in the electric vehicles manufacturer any further for at least two years. T...
FTX Claims Right Over $450M Robinhood Shares in U.S Bankruptcy Court
Editors News Ownership of the shares is being disputed by three parties at present. BlockFi claims these shares had been pledged as security against $680M loan. Sam Bankman-Fried’s defunct cryptocurre...
FTX Asks Court To Help In Conflict Over $450 Million Robinhood Shares
Multiple news agencies reported on Saturday that the bankrupt cryptocurrency exchange FTX has requested a U.S. court for assistance in a dispute over ownership of approximately $450 million worth of R...
Is XRPL Decentralized? Analyst Shares Critical Take
Vladislav Sopov Seasoned analyst Justin Bons yet again explains why XRP Ledger design is far from being decentralized Contents Ripple is centralized, PoA cannot be trustless Why UNL rules matter Analy...
FTX claims rights to over $450m worth of Robinhood shares
FTX’s new CEO resorted to the help of the US court to claim his rights to Robinhood shares worth around $450 million. However, the company is not the only solicitor. In a document submitted on Dec. 23...
FTX Battles for Control of $450M Robinhood Shares in US Bankruptcy Court
Sam Bankman-Fried’s bankrupt cryptocurrency exchange FTX is seeking help from a United States Bankruptcy Court to gain control of $450 million worth of Robinhood shares. The portfolio holds 56 million...
FTX Attempts to Freeze Robinhood Shares as Creditors Swarm to Scoop $450M in HOOD Stock – Bitcoin News
Court filings show that debtors from FTX Trading Ltd. and Alameda Research want 56 million shares of Robinhood stock frozen after multiple creditors are seeking access to the funds, and also Sam Bankm...
FTX wants judge to stay the sale of Robinhood shares worth $448m
FTX is seeking the court’s help to take ownership of Robinhood Shares worth over $448 million. The shares were purchased by SBF but two other parties have staked the claim. Bahamas-based bankrupt cry...
FTX Wants Judge’s Help Over $450 Million Robinhood Shares
Join Our Telegram channel to stay up to date on breaking news coverage Troubled cryptocurrency exchange FTX has sought the help of a US bankruptcy court regarding the ownership of $450 million worth o...
FTX asks bankruptcy judge to stop BlockFi from claiming Robinhood shares
Embattled crypto exchange FTX asked for the assistance of a United States bankruptcy judge to prevent crypto lending firm BlockFi from claiming around $450 million worth of Robinhood shares purchased ...
FTX asks court for help in battle over $450 million in Robinhood shares
Defunct crypto exchange FTX has sought assistance from a U.S. bankruptcy court in an ongoing fight over ownership of about $450 million in Robinhood Markets stock. Specifically, 56 million share...
Ripple Vs SEC Lawsuit: Filan Shares Scheduling Update With 5 Key Days
The most recent development in the legal battle between Ripple and the SEC is that both parties have now filed a combined application for a time extension until January 13 to post the Daubert papers a...
FTX Asks Judge for Help in Fight Over Robinhood Shares Worth About $450M
FTX sought a U.S. bankruptcy court’s help amid a battle over ownership of about $450 million worth of stock in Robinhood Markets (HOOD), according to a filing Thursday. At issue are about 56 mil...
FTX Seeks Control Over Sam-Bankman Fried’s $440M Robinhood Shares
FTX under new CEO John J. Ray III filed a motion in a U.S. Bankruptcy Court on Thursday to enforce an automatic stay or extend the stay orders on Sam Bankman-Fried’s 56 million shares of Robinhood Mar...
FTX attempts to maintain ownership of Robinhood shares in court
FTX and Alameda Research are attempting to secure ownership of Robinhood stock worth over $440 million, based on a court filing dated Dec. 22. According to the text of the filing, Emergent Fidelity Te...
Ankr Confirms Its Exploit Was Inside Job, Shares Recovery Plan
Vladislav Sopov Blockchain RPC provider Ankr unveiled final post-mortem of its Dec. 1 attack Contents Here’s how Ankr mitigated attack Ankr announces massive improvement plan On Dec. 1, 2022, bl...
AMC shares sink after reverse stock split proposal
AMC (AMC) sank 7% to close at $4.91 per share on Thursday after the country’s biggest cinema operator proposed a reverse stock split and a conversion of its APE (APE) preferred equity units into...
AMC shares opened 25% down on Thursday: find out more
Shares of AMC Entertainment Holdings Inc (NYSE: AMC) opened about 25% down this morning after the cinema chain revealed plans of raising new equity. Antara Capital to buy its APE units On Thursday, th...
Vitalik Buterin Shares Three Upcoming Opportunities In Crypto In 2023
Vitalik Buterin has shared three “huge” opportunities that are yet to be realized in crypto: mass wallet adoption, inflation-resistant stablecoins and Ethereum-Based website logins. In an interview...
Nike shares rise after robust quarter results but will the stock break this key level?
Nike Inc. stock (NYSE:NKE) rose more than 12% on Wednesday as second-quarter results topped estimates. The EPS in the quarter report came at $0.85, exceeding estimates of $0.65. The revenue was $13.3 ...
Rite Aid shares tank 20% to an all-time low: explore why
Rite Aid Corp (NYSE: RAD), on Wednesday, said its net loss nearly doubled on a year-over-year basis in its third financial quarter. Rite Aid shares down on weak guidance Shares tanked almost 20% this ...
Buy shares of only the strongest companies to make money in 2023, including ‘the kings of cash flow,’ says this five-star fund manager
Depending on your perspective as an investor, 2022 has either been a perfect storm or a perfect opportunity. The Federal Reserve’s rapid increase in interest rates and other tightening moves to fight ...