ChatGPT launched by OpenAI signs up over one million users in the first week
ChatGPT had its public launch last week. And it immediately went viral. Within 5 days the artificial intelligence system accumulated a record-breaking 1 million...
Financial Crimes Trial: Caroline Ellison Testifies Sam Bankman-Fried Siphoned off Billions in Crypto Scams
In a Manhattan courtroom, Caroline Ellison, the former business partner and ex-girlfriend of crypto luminary Sam Bankman-Fried gave explosive testimony. Before a riveted New...
SEC charges 16 people involve in $194 million “pump-and-dump” stock manipulation scheme
The Securities and Exchange Commission (SEC) filed charges against 16 individuals for their involvement in a global pump-and-dump stock manipulation scheme that generated $194...
The Marenzi Case Unearthed: Navigating the Treacherous Waters of Insurance Premium Financing
CALIFORNIA—The California insurance sector is currently reeling from a groundbreaking case that is highlighting some potentially disturbing practices. At the heart of this story...
Banking crisis with the collapse of two major U.S. banks
The collapse of two major banks in the United States, Silvergate and SVB Financial Group, has shaken the American financial system. And some economists...
Meme-coin PEPE has a meteoric rise to $1.8 billion then drops to $790 million
A rally in a brand-new meme-coin hit a roadblock Tuesday when the market value of the token PEPE neared $2 billion. The 12% decline...
Capital One CEO Richard Fairbank to Pay Penalty for Violating Antitrust Laws
Capital One Financial Corp. (NASDAQ: COF) CEO Richard Fairbank agreed to settle a complaint by the Federal Trade Commission (FTC) alleging that he violated...
Suspect in Idaho 4 slayings studying criminal justice
Bryan Christopher Kohberger, 28 is the prime suspect in the murders of 4 Idaho university students. He was nabbed at his home in the...
SEC sues Southport Capital and Owner John Woods for Operating a Ponzi Scheme
The Securities and Exchange Commission (SEC) sued two entities and their owner for operating a multimillion-dollar Ponzi scheme.
On August 20, the SEC filed a...
Angel Oak Capital Advisors Lied to Investors, SEC Takes action
It has come to light that Angel Oak Capital Advisors (“Angel Oak”) has been lying to their investors, according to the SEC. This revelation...