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Financial Investigations December 22, 2020

SEC suing Ripple over XRP sale; is the cryptocurrency a security?

Ripple CEO Brad Garlinghouse said Monday that the U.S. Securities and Exchange Commission (SEC) will be filing a lawsuit against the cryptocurrency firm. The firm’s co-founders Chris Larsen and Garlinghouse…

By – Jackie Allen
Latest news
Financial Investigations December 21, 2020
SEC charges Decision Diagnostics, CEO Keith Berman with fraud over COVID-19 blood testing device

Decision Diagnostics Corp., a biotechnology company based in California, and its CEO Keith Berman, are facing fraud charges…

By Marivic Cabural Summers
Financial Investigations December 20, 2020
Elon Musk’s twitter account hacked? Dogecoin jumps 20% after his tweet

The Dogecoin cryptocurrency hit a 20% increase on Sunday. Following a tweet by  Elon Musk. The billionaire businessman’s…

By Rochdi Rais
Financial Investigations December 19, 2020
Russian BTC-e operator Alexander Vinnik appeals 5-year prison sentence in Paris

The defense team of Alexander Vinnik, the Russian founder and operator of the now-defunct BTC-e cryptocurrency exchange who was…

By Dee Dulfo
Financial Investigations December 19, 2020
U.S. Treasury pushes stronger rules on crypto wallet to deter criminals; Opposition mounts

The U.S. Treasury Department is pushing for new rules that seek to make convertible cryptocurrencies like bitcoin less attractive…

By Dee Dulfo
Financial Investigations December 17, 2020
Robinhood to pay $65M fine to settle SEC charges for misleading customers

Robinhood Financial LLC agreed to pay a penalty of $65 million to settle the charges of the Securities…

By Marivic Cabural Summers
Financial Investigations December 17, 2020
Bitcoin hits the $23,000 mark and reaches $1 billion trading volume!

A day after topping the $20,000 mark for the first time, Bitcoin hits another all-time high new record of…

By Rochdi Rais
Financial Investigations December 16, 2020
SEC charges Luckin Coffee of accounting fraud; Company to pay $180M to resolve the suit

Luckin Coffee (OTC: LKNCY), the China-based company sued by the U.S. Securities and Exchange Commission (SEC) of accounting…

By Marivic Cabural Summers
Financial Investigations December 16, 2020
Massachusetts regulators sued Robinhood for being a ” very reckless company”

Massachusetts securities regulators filed a complaint against Robinhood Financial LLC, accusing the popular online brokerage of greediness and…

By Rochdi Rais
Financial Investigations December 16, 2020
Australia sues Facebook for misleading consumers over use of data

An Australian regulator on Wednesday sued Facebook, accusing the social media giant of collecting user data of Australians…

By Dee Dulfo
Financial Investigations December 16, 2020
U.S. authorities bust decade-long trade fraud scheme involving China tires

U.S. law enforcement authorities put an end to a decade-long trade fraud scheme involving China tires and a…

By Marivic Cabural Summers

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