Tron Founder Justin Sun, Soulja Boy, and Austin Mahone Summoned by SEC in Crypto Asset Case

Court documents reveal that Justin Sun, Tron’s founder, has been sent a summons from the U.S. Securities and Exchange Commission (SEC) regarding the civil complaint filed against him last month. Youtuber Austin Mahone and rapper Soulja Boy, whose real name is DeAndre Cortez Way, have also been summoned. The SEC accuses Sun of orchestrating an […]

Go to Source

Powered by WPeMatico

US Crypto Lawsuits Reach All-Time High With 42% Increase in 2022; SEC Cases Dominate Legal Battles

US Crypto Lawsuits Reach All-Time High With 42% Increase in 2022; SEC Cases Dominate Legal BattlesA new study on digital currency-related lawsuits since 2018 shows a 42% increase in crypto lawsuits in 2022. The highest number of claims in a single year was recorded last year, with 41 total claims in the United States. The research also shows that the majority of lawsuits came from the U.S. Securities and Exchange […]

Go to Source

Powered by WPeMatico

Report: FTX Execs Offered Taylor Swift $100M to Endorse the Exchange, Source Says Singer Never Considered the Deal

Report: FTX Execs Offered Taylor Swift $100M to Endorse the Exchange, Source Says Singer Never Considered the DealAccording to a report, the American singer-songwriter Taylor Swift was allegedly courted by FTX to promote the exchange. Sources say the deal was worth more than $100 million and it was reportedly pushed by the FTX executive Claire Watanabe. Award-Winning Singer Taylor Swift Was Allegedly Courted by FTX Executives A report published by the Financial […]

Go to Source

Powered by WPeMatico

From Fine Art to Bored Apes and Punks: Blue Chip NFTs Owned by Celebs Lose Significant Value

From Fine Art to Bored Apes and Punks: Blue Chip NFTs Owned by Celebs Lose Significant ValueDuring the week of Jan. 30 to Feb. 5, 2022, the search term “NFT” had a Google Trends (GT) score of 90 and today the GT score has dropped a great deal down to a score of 12. Not only has interest declined, but blue chip non-fungible tokens (NFTs) don’t hold the value they once […]

Go to Source

Powered by WPeMatico

Tom Brady, Gisele Bündchen, Kevin O’Leary, and 9 Other Celebrities Named in FTX-Related Class-Action Lawsuit

Tom Brady, Gisele Bündchen, Kevin O'Leary, and 9 Other Celebrities Named in FTX-Related Class-Action LawsuitFormer FTX CEO Sam Bankman-Fried (SBF) and a number of celebrities including Tom Brady, Gisele Bündchen, Stephen Curry, and Shaquille O’Neal have been named in a class-action lawsuit involving the alleged engagement in deceptive practices with FTX. The lawsuit was filed by the attorneys Adam Moskowitz and David Boies late Tuesday, and the suit alleges […]

Go to Source

Powered by WPeMatico

JPMorgan Reportedly Terminates Relationship With Kanye West, Rap Star Says He’s Happy to Speak Openly About Being ‘Canceled by a Bank’

JPMorgan Reportedly Terminates Relationship With Kanye West, Rap Star Says He's Happy to Speak Openly About Being 'Canceled by a Bank'On October 12, the conservative influencer and political commentator, Candace Owens shared a letter on Twitter that shows JPMorgan allegedly closed Kanye West’s (also known as Ye) bank accounts. The hip-hop star and rapper has been accused of making antisemitic statements in recent times, and some of his tweets have been removed from Twitter. Political […]

Go to Source

Powered by WPeMatico

Crypto Touted by Kim Kardashian Climbs 124% After SEC Charges, Token Value Dumps the Next Day

Crypto Touted by Kim Kardashian Climbs 124% After SEC Charges, Token Value Dumps the Next DayFollowing the U.S. Securities and Exchange Commission (SEC) charges against the socialite Kim Kardashian for unlawfully touting the crypto asset ethereummax, the digital currency jumped 124% in value. However, the ethereummax pump was followed by a massive dump as the cryptocurrency slid 47% lower than the high it reached on October 3. EMAX Token Markets […]

Go to Source

Powered by WPeMatico

SEC Charges Socialite Kim Kardashian for Unlawfully Touting Ethereummax

SEC Charges Socialite Kim Kardashian for Unlawfully Touting EthereummaxOn Monday, the U.S. Securities and Exchange Commission (SEC) filed charges against the celebrity and socialite Kim Kardashian for unlawfully promoting the crypto asset Ethereummax. The U.S. regulator detailed that Kardashian agreed to settle the charges and pay $1.26 million in penalties, and plans to cooperate with the SEC’s ongoing investigation. Kardashian Charged by SEC, […]

Go to Source

Powered by WPeMatico