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Thursday, May 26, 2022
sec, doj lawsuit-settlement

Mining Capital Coin (MCC), Founders Sued Over Cryptocurrency Mining Fraud Scheme

The U.S. Securities and Exchange Commission (SEC) filed a complaint against Mining Capital Coin Corp. (MCC) and its founders Luis Carlos Capuci Jr., and...

McKinsey Affiliate MIO Partners to pay $18 million to settle compliance failure

MIO Partners, a subsidiary of McKinsey and a registered investment adviser, settled an enforcement action by the U.S. Securities and Exchange Commission (SEC) in...
sec, doj lawsuit-settlement

CanaFarma, co-founders Vitaly Fargesen and Igor Palatnik charged with securities fraud

CanaFarma Hemp Products Corp. and its co-founders Vitaly Fargesen and Igor Palatnik are facing civil and criminal charges for allegedly committing securities fraud and...
Bitfinex

CFTC imposes $1.5 million fine against Bitfinex over illegal transactions

The Commodity Futures Trading Commission (CFTC) ordered Bitfinex to pay a penalty of $1.5 million for offering and executing illegal off-exchange financed retail commodity...

Ex-NFL Team Owner Reginald Fowler Pleads Guilty to Fraud Charges Related to $750 Million...

Reginald Fowler, a former minority owner of National Football League (NFL) team Minnesota Vikings, pleaded guilty to fraud charges in connection with his work...
GameStop

SEC charges individuals engage in fraudulent options-trading of “meme stocks”

The U.S. Securities and Exchange Commission (SEC) sued two individuals engaged in  fraudulent wash trading of so-called "meme stocks." Wash trading is a market manipulation...
You Shall Not Pass - Gandalf - Lord of the Rings

“You Shall Not Pass” Lord of the Rings Inspired Cryptocurrency Is Now Banned

A cryptocurrency inspired by the “Lord of the Rings” trilogy was banned on Tuesday. The family and estate author of JRR Tolkien — the...
Metaverse

Metaverse Real Estate Is Being Sold For Millions of Dollars, Here are The Top...

The real estate market is heating up. Not the real estate you just thought of, but it’s actually the virtual one. Investors are pouring...
insider trading

McKinsey partner Puneet Dikshit charged with insider trading

Puneet Dikshit, a partner in a global consulting management firm McKinsey, has been charged with insider trading in connection with the recent $2.2 billion...
Trump Social

Trump-linked SPAC stock DWAC suffers huge decline on former president’s social media plans

The stock price of Digital World Acquisition Corp. (NASDAQ: DWAC) special purpose acquisition company (SPAC) linked to former President Donald Trump suffered a significant...

Must Read

Ukraine will counterattack, as Russia loses ground

The Ukrayinska Pravda published an online interview of Ukrainian intelligence head Krylo Budanov. The intel chief said that Russia is suffering massive losses. And...