Get the scoop on finance - sign up for mobile alerts

Regulators

FTX Founder Sam Bankman-Fried Demands New Trial, Says Judge Presumed Guilt and Derided Him in Front of Jury

Disgraced FTX founder Sam Bankman-Fried is calling for a new trial, alleging that everyone including the presiding judge had already…

September 15, 2024

Kraken Requests Jury Trial in Legal Battle With the SEC Over Alleged Securities Law Violations

The crypto exchange Kraken has officially requested a jury trial in its ongoing legal battle with the U.S. Securities and…

September 14, 2024

JPMorgan Chase ‘Knowingly Assisted’ $119,000,000 Ponzi Scheme, New Lawsuit Alleges

Banking giant JPMorgan Chase is accused of knowingly enabling an alleged Ponzi scheme targeting retail investors. Plaintiff David Stapleton alleges…

September 14, 2024

$512,900,000,000 in Unrealized Losses Hit US Banks As Number of ‘Problem Banks’ Rises To 66: FDIC

The number of US banks with major issues is on the rise, according to the Federal Deposit Insurance Corporation (FDIC).…

September 13, 2024

US Judge Accuses Former FTX Executive Ryan Salame of Providing False Testimony During His Guilty Plea: Report

A US judge has reportedly accused embattled former FTX executive Ryan Salame of providing false testimony during his guilty plea…

September 13, 2024

$197,500,000 To Be Handed To Customers at JPMorgan Chase, Wells Fargo, Bank of America and Other US Lenders in Massive Visa and Mastercard Settlement

Visa and Mastercard are preparing to pay a massive settlement to US bank customers over controversial ATM fees. The settlement…

September 13, 2024

SEC Settles With Trading App eToro on Unregistered Broker Charges As Exchange Ceases Most Crypto Trading

The top U.S. securities regulator has reached a settlement with the trading app eToro severely limiting the platform's crypto trading…

September 12, 2024

FBI Says Scams Targeting Crypto Users Skyrocketing in Severity and Complexity After $5,600,000,000 Lost in 2023

The U.S. Federal Bureau of Investigation (FBI) is detailing the rising scale and complexity of cryptocurrency fraud schemes. In its…

September 11, 2024

Hedge Fund Veteran Says Crypto Facing ‘Quiet Quitting’ Crisis, Unveils Catalyst That Could Spark Altcoin Revival

The crypto sector is currently enduring a "quiet quitting crisis," according to a hedge fund and digital asset veteran. Quiet…

September 10, 2024

US Authorities Attempting To Access Imprisoned Binance Employee in Nigeria: Report

US governmental authorities are attempting to gain access to an incarcerated Binance employee in Nigeria, according to a local reports.…

September 9, 2024