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Wednesday, August 17, 2022
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Coinbase (COIN) shares seasawed during its IPO

Coinbase Global Inc. (NASDAQ: COIN) shares achieved a market valuation of  $85.8 billion after its initial public offering (IPO) on Wednesday. The shares of Coinbase...
uBiome founders face fraud charges

uBiome Co-Founders Jessica Richman, Zachary Apte Charged With $60 Million Fraud

The co-founders of uBiome Inc., a bankrupt biotechnology company based in San Francisco, are facing civil and criminal charges for committing securities and health...

Short-seller Hindenburg says Lordstown Motors Faking EV truck pre-orders 

Hindenburg, a company specializing in forensic research, is targeting another electric car-maker. Now it’s after Ohio-based Lordstown Motors recently went public through a special-purpose...
John McAfee

Antivirus Software Pioneer John McAfee Charged with Cryptocurrency Fraud

John McAfee, the antivirus software pioneer, is facing a criminal complaint in connection with two schemes related to the fraudulent promotion of cryptocurrencies to...
AT&T

SEC Sues AT&T over Selective Disclosure of Material Information to Wall Street Analysts

The Securities and Exchange Commission (SEC) filed a lawsuit against AT&T Inc. (NYSE: T) and three of its executives for allegedly violating its regulation...
Centra Tech Co-founder Sohrab Sharma eight years prison sentence ICO scam

Centra Tech Co-Founder Sohrab Sharma Sentenced to 8 Years in Prison for Role in...

Sohrab "Sam" Sharma, the co-founder of cryptocurrency company Centra Tech, was sentenced to eight years in prison for his role in the multi-million dollar...
Robinhood

Robinhood Markets Lifts Trading Restrictions, GameStop Shoots up 15%

Robinhood Markets Inc, an online financial services company, removed all of its trading restrictions on Friday. Traders can now buy shares of GameStop (NASDAQ:...
uBiome founders face fraud charges

Ponzi Scheme: GPB Capital, CEO David Gentile Sued for Defrauding $1.7B from 17,000 Investors

The Securities and Exchange Commission (SEC) filed a lawsuit against GPB Capital and its CEO and owner, David Gentile for allegedly operating a Ponzi-like...
Ethereum

Ethereum hits a new all-time high, reaches $1,600 mark

Ethereum (ETH) rally continues to lead the cryptocurrency to reach a new all-time high. ETH is up 10.32% in the past 24 hours and...
Stock Market Movers: Apple, Alphabet, Microsoft

Stock Market Movers: Alphabet, American Airlines, Apple, eBay, Qualcomm

The stock markets were flat on Wednesday night. Investors focused their attention back on companies' quarterly financial results, the Biden administration's efforts to increase...

Must Read

Murder of Crows NFT Collection up for sale by YouTuber Crypto...

YouTuber Crypto Crow is promoting his unique and diverse collection of 10,000 Murder of Crows NFTs. They are the keys to the Crows online...