Galaxy Digital, founded by Michael Novogratz, has agreed to pay $200 million in penalties to resolve allegations that it violated New York laws by promoting the cryptocurrency LUNA without disclosing its financial interests. Galaxy’s LUNA Disclosure Failure Violated NY Laws Michael Novogratz’s Galaxy Digital recently agreed to pay $200 million in penalties to resolve allegations … Read more
The U.S. Securities and Exchange Commission (SEC) has faced internal divisions regarding its decision to pursue legal action against Elon Musk. Mark Uyeda, the acting SEC chair, was reportedly the only commissioner who opposed suing Musk over his delayed disclosure of his stock purchase in Twitter, now rebranded as X. According to a report by … Read more
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US Senator Elizabeth Warren has raised concerns about David Sacks’ role as the “White House AI & Crypto Czar” and potential conflicts of interest. In a letter, the industry critic requested immediate clarifications on various issues, including the timeline of Sack’s divestment … Read more
from the finally dept We talk a lot here about the concept of “ownership” of what we spend money on, particularly as it relates to purchases that are digital or have some reliance on internet connectivity. Despite being related, those two categories are actually quite distinct. On the one hand, you have situations where a … Read more
Advertisment Dubai, United Arab Emirates, February 21st, 2025, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched an industry-first initiative by making all liquidation data fully accessible to the public via its enhanced API. This bold step positions Bybit as a leader in transparency, offering institutional investors, analysts, and traders real-time, granular … Read more
The State of Wisconsin’s pension arm has disclosed that it has more than doubled its exposure to Bitcoin, now holding $321 million in ETFs. According to a Friday 13F filing with the US Securities and Exchange Commission, the State of Wisconsin Investment Board (SWIB) has increased its Bitcoin exposure. The state-owned pension fund revealed it now … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. JPMorgan Chase has dealt a blow to regulators’ efforts to understand the depth of ties between banks, buyout firms and the fast-growing private credit sector, declining to disclose its lending in an area of increasing … Read more
Matt Kimball, VP and principal analyst at Moor Insights & Strategy, also said he believed that AMD did well in how it handled this situation. “It’s good to see AMD working with its community to solve for these vulnerabilities quickly. The amount of work that goes into providing a fix — and thoroughly testing it … Read more
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, the billionaire CEO of Tesla and owner of X (formerly Twitter), alleging violations of securities laws. The SEC accuses Musk of failing to disclose his acquisition of a beneficial ownership stake in Twitter in early 2022 within the required timeframe. According … Read more
After a more than two-year investigation, the Securities and Exchange Commission has sued Elon Musk over his delayed disclosure of the Twitter stock he amassed before announcing his intention to acquire the company in 2022. In a court filing, the SEC says that Musk filed paperwork with the SEC disclosing his purchase of Twitter shares … Read more