Coinbase Challenges SEC: Can Secondary Crypto Trades Be Securities?
The crypto exchange is questioning whether the SEC can regulate crypto trades that are not tied to issuers. Coinbase argues ...
Citigroup’s First-Quarter Earnings Drop 27% On Reorganization Costs
The banking giant plans to streamline operations, trim staff, and prioritize core businesses. Citigroup aims to capitalize on wealth management ...
Terraform Labs And Do Kwon Found Liable In SEC Fraud Case
The SEC accused Terraform Labs and Do Kwon of deceiving investors regarding the functionality of Terra USD. Do Kwon faces ...
Jefferies Financial and Sumitomo Mitsui Banking Corp Extend Partnership to Canada
This alliance targets Canada's growing dealmaking sector. The partnership between the two firms commenced in 2021. Jefferies Financial is making ...
Binance Executives Sue Nigerian Government For Detainment
The lawsuit targets Nigeria's security adviser and anti-graft agency for allegedly violating fundamental human rights. Tigran Gambaryan and Nadeem Anjarwalla, ...
FTX’s Sam Bankman-Fried Sentenced to 25 Years In Prison, Ordered To Forfeit $11 Billion
Bankman-Fried was convicted of fraud and conspiracy. The judge expressed a concern for potential future harm. FTX's founder Sam Bankman-Fried's ...
FTX’s $1B Stake In AI Startup Attracts Interest From Global Investors
Anthropic has rejected investment from Saudi Arabia, citing national security concerns. The sale proceeds will be channeled toward repaying FTX's ...
American Express Faces Class-Action Lawsuit for Allegedly Overcharging Merchants
Merchants claim the payments giant's policies violate antitrust laws, restricting competition. Similar allegations against Visa and Mastercard led to the ...
Binance Faces Legal Battle As Appeals Court Revives Class Action Lawsuit
The ruling doesn't confirm tokens as securities but reopens the debate for investors. The decision by the Second Circuit challenges ...
Nationwide Shakes Up British Banking Sector With £2.9B Virgin Money Takeover Bid
Virgin Money faces rebranding after the proposed takeover. The financial institution was founded by the British billionaire Richard Branson. Nationwide ...
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