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Tesla and Spacex CEO Elon Musk is under federal investigation for his conduct in connection with the $44 billion acquisition of Twitter, according to a court filing by the social media giant. Twitter claims that “Through counsel, he has exchanged substantive correspondence with those authorities concerning their investigations.” Federal Authorities Are Investigating Elon Musk, Says … Read more
Do Kwon should be front-and-center for scrutiny from regulators. Instead, they’re getting distracted by grandstanding over Kim Kardashian. Go to Source Powered by WPeMatico
Following the recent ethereum price predictions report, 55 crypto and fintech experts chosen by the product comparison web portal, finder.com, shared their forecasts associated with the crypto asset xrp, often referred to as ripple. Finder’s experts believe xrp could spike to $3.81 per unit by the end of 2025 if Ripple Labs wins the lawsuit … Read more
Senator Hickenlooper requested the SEC engage with the public by opening a “notice-and-comment period” in order to develop rules and regulations applicable to crypto. Go to Source Powered by WPeMatico
Kim Kardashian disclosed that she was paid for promoting Ethereum Max — but didn’t tell her followers the exact amount. The SEC did the right thing when it fined her for that oversight. Go to Source Powered by WPeMatico
Cryptocurrency markets continue to struggle after failing to hold support last night, causing additional bearish pressure this Wednesday. Bitcoin remains below the $20k level, trading at $19,103. Ethereum is also down below $1,300, currently at $1,294. The short-term sentiment for cryptocurrencies remains bearish this week as global markets continue to struggle this October. Key Points: … Read more
Optimistically speaking, Brad Garlinghouse thinks the case will be concluded in 3-4 months, though it could take longer. Go to Source Powered by WPeMatico
A source familiar with the matter said the SEC is looking into whether certain NFTs from Yuga Labs could be “more akin to stocks.” Go to Source Powered by WPeMatico
Similar to its December 2021 rejection of a WisdomTree spot Bitcoin investment vehicle, the SEC cited concerns about fraud and market manipulation. Go to Source Powered by WPeMatico
In one week, the EU institutions voted in favor of a crypto-friendly resolution and promoted MiCA to the next stage. Go to Source Powered by WPeMatico