SEC Fines John McAfee’s Associate $375K in Penalties for ICO Promotions

SEC Fines John McAfee's Associate $375K in Penalties for ICO PromotionsAccording to a Securities and Exchange Commission (SEC) judgment, Jimmy Gale Watson, a former associate of the now deceased John McAfee, has been fined for being paid to promote pump and dump-fashioned initial coin offerings (ICOs). The SEC has ruled that Watson must pay roughly $375K in penalties and he’s not allowed to participate in […]

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Twitter Sues Elon Musk to Enforce $44 Billion Buyout Deal — Insists Breach Allegations Lack Merit

Twitter Sues Elon Musk to Enforce $44 Billion Buyout Deal — Insists Breach Allegations Lack MeritTwitter Inc. has filed a lawsuit against Elon Musk to force the Tesla CEO to go through with the agreement to buy the social medial platform for $44 billion. Twitter alleges that Musk has breached the agreement repeatedly since he signed the deal with the company. Twitter v. Elon Musk: Lawsuit Battle Begins Twitter Inc. […]

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Bitcoin and Ethereum Prices Struggle to Hold Support as Tech Stocks Tumble

Bitcoin price dipped below $20k, while Ethereum’s price struggled to hold above the $1k level as the global cryptocurrency market fell by over 3% losing $50 billion in valuation on Monday. Ethereum Price Down 6.94% This week, the cryptocurrency market continues to struggle as significant digital assets like Ethereum are down almost 7%. The reason for ETH’s price drop is likely due to the weak opening of U.S. stocks on Monday, the continuous selloff of tech stocks, and the significant losses that Chinese stocks incurred last night. In addition, news of a successful phishing attack on Ethereum’s largest exchange, Uniswap,

The post Bitcoin and Ethereum Prices Struggle to Hold Support as Tech Stocks Tumble appeared first on The Merkle News.

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Tesla CEO Elon Musk Officially Terminates $44 Billion Twitter Deal — Twitter Threatens Lawsuit

Tesla CEO Elon Musk Officially Terminates $44 Billion Twitter Deal — Twitter Threatens LawsuitTesla CEO Elon Musk has formally informed Twitter that he is terminating his $44 billion bid to buy the social media platform. “Twitter is in material breach of multiple provisions” of the agreement, Musk’s lawyer explained. Musk Ending Deal With Twitter Citing ‘Material Breach of Multiple Provisions’ Tesla and Spacex CEO Elon Musk’s lawyer sent […]

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British Army’s Social Media Accounts Hacked to Promote Bitcoin Giveaways, Crypto Scams

British Army’s Social Media Accounts Hacked to Promote Bitcoin Giveaways, Crypto ScamsThe British Army’s official Youtube and Twitter accounts were compromised Sunday and hackers used them to promote crypto, including bitcoin and ether giveaway scams featuring Tesla CEO Elon Musk. British Army’s Social Media Accounts Used to Promote Bitcoin, Crypto, NFT Scams The British Army confirmed Sunday that its official Youtube and Twitter accounts were breached. […]

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Twitter User Accuses Nexo of Embezzlement Through Charity, Crypto Lender Denies Allegations

Twitter User Accuses Nexo of Embezzlement Through Charity, Crypto Lender Denies AllegationsA Twitter account has accused the Bulgarian co-founders of the Swiss-based cryptocurrency lender Nexo of misappropriating funds from a charity platform. The company has rejected the allegations in the anonymous attack, which comes after Nexo offered a buyout deal to troubled rival Celsius. Anonymous Allegations Against Co-Founders Circulated on Social Media A Twitter user going […]

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