Trump Media to Invest $250 Million in 'Made in America' ETFs Tracking Crypto, Energy Securities – Decrypt
Simply put Trump Media & Technology Group invests up to $250 million in ETFs and invests separate managed accounts. Investment products track cryptocurrencies and energy securities. Trump Media is the parent company of President Trump’s true social platform. Donald Trump’s Truth, Trump Media & Technology Group, parent company of social media platforms, will invest up […]
SEC sues Nova Labs over alleged unregistered crypto securities offerings – Cointelegraph
Days before SEC Chairman Gary Gensler, a well-known cryptocurrency critic, resigned as chairman on January 20, the US Securities and Exchange Commission (SEC) announced that Nova Labs, which operates the open source Helium Network, filed a lawsuit against. The SEC alleges that the company sold unregistered investment products, including products that mine cryptocurrencies and programs […]
SEC sues Musk, alleging Twitter-related securities violation
The Securities and Exchange Commission (SEC) has charged tech billionaire Elon Musk with securities fraud by failing to disclose his ownership stake in Twitter Inc. According to the SEC's complaint filed Tuesday in Washington, D.C. District Court, Musk provided information that allowed him to underpay for Twitter stock he purchased “after the deadline for filing […]
Former WWE CEO Vince McMahon, Securities and Exchange Commission reach settlement after lengthy probe
WWE co-founder and former CEO Vince McMahon and the Securities and Exchange Commission (SEC) have reached a settlement after years of investigation into an undisclosed settlement. A federal investigation revealed to the company's board of directors and others that McMahon signed two settlement agreements worth more than $10 million with two women to keep potential […]
Investors Sue Team Behind ‘Hawk Tuah’ Crypto Coin for Alleged Securities Law Violations
The team behind Hawk, a meme coin tied to internet celebrity Haley “Hawk to Girl” Welch, has been sued by a group of investors for allegedly violating securities laws. the block report A lawsuit filed last week in New York District Court alleges that the meme coin Hawk, which gained popularity due to its association […]
Supreme Court dismisses appeal from Facebook owner Meta over securities fraud lawsuit
Michael Lee, founder of Michael Lee Strategy, discusses the decline in Microsoft and Meta stocks and explains why you should invest in these two companies. The Supreme Court on Friday rejected an appeal by Facebook owner Meta Platforms in a securities fraud case accusing the tech giant of misleading investors in a data collection scandal […]
Supreme Court weighs Nvidia challenge to securities fraud claims
The Supreme Court ruled on Wednesday that chipmaker Nvidia is trying to avoid a lawsuit alleging that management misled investors about the extent to which the company's revenue depended on volatile cryptocurrency miners. We considered bidding. Nvidia asked the Supreme Court to reverse a lower appellate court's ruling that a lawsuit brought by its shareholders […]
Investment Giant Franklin Templeton Building On-Chain Financial Services for Regulated Securities on Solana – The Daily Hodl
Financial services giant Franklin Templeton has announced that it is building a money fund for regulated securities on smart contract platform Solana (SOL). Speaking during a session during the Solana Breakpoint 2024 event, Mike Reed, head of digital asset partnership development at Franklin Templeton, said the investment giant's final step in completing the project is […]
SEC backtracks on ‘crypto asset securities’ claim in Binance suit – crypto.news
In an amended complaint against cryptocurrency exchange Binance and its former CEO Changpeng Zhao, the U.S. Securities and Exchange Commission said it never intended to classify cryptocurrencies as securities. While expanding Binance Litigation In response to the request to include the three additional tokens, the Securities and Exchange Commission withdrew the “cryptocurrency securities” assertion it […]
Walz owns no stocks, securities or real estate, per disclosures
Minnesota Governor Tim Walz, the new Democratic vice presidential nominee, doesn’t own any stocks, securities or real estate, according to his latest financial disclosures. Axios Leads the Way Reported disclosure The announcement on Wednesday came after it was announced Tuesday that Walz would run alongside Vice President Harris as the Democratic nominee against former President […]