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3 mins read
XRP delisted on more platforms following SEC's Ripple complaint
Crypto exchanges like Crypto.com, Coinbase, and OKCoin said they were suspending trading of the tok…
Emily Graffeo
2 mins read
Ripple faces a SEC lawsuit for breaking investor-protection laws when selling XRP
In a series of tweets, Ripple CEO Brad Garlinghouse blasted the SEC's decision to sue his firm righ…
Shalini Nagarajan
3 mins read
US regulator charges Ripple over its XRP asset, saying it's a $1.3 billion unregistered offering, not a cryptocurrency
Ripple's XRP asset isn't crypto, but a $1.3 billion unregistered stock sale, says a suit brought by…
Kevin Shalvey
2 mins read
US tech firms like Uber, Lyft, and DoorDash could pay gig workers up to 15% of their compensation in stock under new proposal
A pilot program for tech firms that employ food-delivery workers or drivers could allow workers to …
Shalini Nagarajan
2 mins read
Hertz pauses plan to sell $500 million in potentially worthless stock after SEC weighs in
The offering was frozen after discussions with SEC staff, and is "pending further understanding of …
Ben Winck
1 min read
Short-sellers in Europe get the green light as coronavirus bans on betting against stocks are lifted
The ban on short selling was put in place in March as the coronavirus pandemic roiled global market…
Carmen Reinicke
3 mins read
Trump alleges 'rich guys' intentionally talk the stock market lower for short-position profits
The president questioned if such actions were legal, though the SEC has expressed doubt toward the …
Ben Winck
2 mins read
Here's another reason for Elon Musk to support Trump
The SEC, led by a Biden appointee, is poking around Musk's 2022 Twitter deal. A new report suggests…
Peter Kafka
1 min read
8 people charged with stealing 19 rental cars worth $1.1 million in an identity fraud scheme
An indictment said Tyrell Oliver reserved cars with fake IDs and stolen credit card information and…
Ryan Hogg
2 mins read
Why would Elon Musk abruptly cancel plans to join Twitter's board? He may want to take over the company, or just the freedom to tweet in peace.
At the last minute, billionaire Tesla CEO and Twitter's largest shareholder Elon Musk pulled out of…
Ben Gilbert
2 mins read
Crypto firms are rushing to hire former regulators as federal agencies look to tame the 'Wild West' industry
Binance's high-profile hires have come in response to a rapidly mounting regulatory crackdown on th…
Ethan Wu
2 mins read
Insider finance: Steve Cohen's web of hedge funds
The top finance stories for May 4, including the latest news on the more than 80 hedge funds with t…
Dan DeFrancesco,Jordan Parker…
2 mins read
SEC Chairman: 'We shouldn't be banning short selling' even as coronavirus drives big market swings
The new rule bans short selling for two days on a stock that's dropped more than 10% from the previ…
Carmen Reinicke
1 min read
SEC chief Gary Gensler says many crypto tokens are securities and fall under the agency's jurisdiction
"If somebody is raising money selling a token and the buyer is anticipating profits based on the ef…
Emily Graffeo
2 mins read
UK regulator says celebrities such as Kim Kardashian are putting investors at risk by pushing unknown crypto tokens
Unsuspecting consumers are regularly being lured into crypto scams by social media influencers, the…
Harry Robertson
3 mins read
10 Things in Tech: Musk's U-turn
We're breaking down what might have changed Elon Musk's mind about joining Twitter's board, and sho…
Jordan Parker Erb
2 mins read
Wall Street billionaire Leon Black denied sexual-harassment allegations made by a former model and said he paid her to keep the 'affair' quiet
Black, the former CEO of Apollo, said he paid Guzel Ganieva, a former model, to keep the "consensua…
Kate Duffy
2 mins read
Wall Street billionaire Leon Black steps down as CEO and chairman of Apollo effective immediately, 2 months after an investigation into his Jeffrey Epstein links
Leon Black, who paid $158 million to the disgraced financier Jeffrey Epstein from 2012 to 2017, sai…
Kate Duffy
3 mins read
Arkansas senator blasts WeWork at hearing: Adam Neumann 'is the reason people in America are open to socialism'
Because Clayton said he would not talk about any investigations, Cotton gave a thinly-veiled hypoth…
Meghan Morris
2 mins read
A bitcoin ETF may not be approved by the SEC until 2023 despite surging interest, according to a fund provider that's already been through the process
The SEC's rejection of the Wilshire Phoenix bitcoin ETF application in February 2020 gave the fund …