Crypto platform Webull faces criticism for its supposed connections to China

Crypto platform Webull faces criticism for its supposed connections to China

Webull, the cryptocurrency trading platform under scrutiny for its potential connections to China, has seen its shares plummet nearly 76% since it went public via a special acquisition company early last year. This steep decline isn’t particularly shocking when considering the ongoing concerns discussed in On The Money. Since at least 2023, this column has […]

Trading app Webull drops 18 percent due to connections to the Chinese government and national security issues, according to a report.

Trading app Webull drops 18 percent due to connections to the Chinese government and national security issues, according to a report.

Webull’s Links to the Chinese Government Raise Concerns Webull, a digital brokerage platform, has come under scrutiny for its connections to the Chinese government, which some U.S. lawmakers believe could pose a national security risk to the country’s financial system. Following a CNBC report, shares of Webull—similar to Robinhood, with around 28 million users worldwide—dropped […]

Florida Attorney General James Uthmeier takes legal action against router company TP-Link, claiming it concealed its connections to China and had security issues.

Florida Attorney General James Uthmeier takes legal action against router company TP-Link, claiming it concealed its connections to China and had security issues.

Florida Attorney General Sues TP-Link Over Consumer Misleading Claims Florida Attorney General James Uthmeier has initiated a civil lawsuit against TP-Link, alleging that the Wi-Fi router company has misled consumers regarding the security of its devices and its ties to China. According to reports, the lawsuit was filed in Polk County as part of Florida’s […]

Abdul El-Sayed identifies as a capitalist even with his connections to the Detroit DSA.

Abdul El-Sayed identifies as a capitalist even with his connections to the Detroit DSA.

Abdul El-Sayed, the Democratic nominee for the U.S. Senate in Michigan, has recently asserted his identity as a “capitalist” and has resisted the “socialist” label, but some of his past social media activity seems to suggest otherwise. Posts from the Detroit chapter of the Democratic Socialists of America (DSA) have resurfaced, highlighting their support for […]

Congress Needs to Look into Environmental Law Institute for Connections to the CCP

Congress Needs to Look into Environmental Law Institute for Connections to the CCP

Congress Urged to Investigate Environmental Law Institute’s Ties to China A significant advertising campaign is urging Congress to look into the Environmental Law Institute (ELI) due to its connections with Chinese entities. State Armor, the organization behind the campaign, is pushing lawmakers to examine ELI’s funding sources, information-sharing efforts, educational programs for judges, and its […]

Jen Kiggans: Elaine Luria’s ActBlue Connections Channeled Illegal Funds

Jen Kiggans: Elaine Luria's ActBlue Connections Channeled Illegal Funds

Allegations Surface Against Elaine Luria’s Fundraising Tactics The campaign of Rep. Jen Kiggans (R-VA) stated on Wednesday that Democratic challenger Elaine Luria is allegedly using the fundraising platform ActBlue to channel illegal contributions into Democratic campaign accounts. This assertion comes from a new congressional report which claims that the platform has been covering up fraudulent […]

Sam Bankman-Fried’s unexpected connections to the system shaping your perception of AI

Sam Bankman-Fried's unexpected connections to the system shaping your perception of AI

Billionaires in Silicon Valley who are driving the growth of Artificial Intelligence are not just investing financially; they’re also shaping how the technology is perceived. This includes sponsoring research, creating testing labs, and influencing journalists. A notable effort is by supporters of the Effective Altruism (EA) movement, which has rapidly elevated Anthropic from a startup […]