securities and exchange commission
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Ripple Claims Bitcoin Is ‘Chinese-Controlled’ While Announcing New Lawsuit From SEC
The Securities and Exchange Commission plans to sue Ripple in federal civil court for selling unregistered securities, according to a news release published online by the cryptocurrency company late Monday. Ripple defended its cryptocurrency, known as XRP, as a valid currency but then drifted into conspiracy-laden language, saying that competitor coins like bitcoin and ethereum…
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WeWork Is Now Dealing With A US Federal Investigation
However WeWork may be defined—transformative office space startup or cult-like Silicon Valley unicorn—the U.S. Securities Exchange Commission reportedly believes the company warrants inquiry. Sources familiar with the matter told Bloomberg the SEC has begun scrutinizing the corporation over concerns that investors may have been misled ahead of WeWork’s disastrous initial-public-offering-that-wasn’t.
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Elon Musk Is Still Fighting The SEC In Court Over His Bad Tweets
Tesla CEO Elon Musk really, really wants to keep tweeting without any other adults looking over his shoulder, despite a settlement with the Securities and Exchange Commission last year ordering him not to send out tweets that could affect Tesla’s stock without getting pre-approval from company officials.
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SEC Charges Founders Of Cryptocurrency ICO Promoted By Floyd Mayweather Jr And DJ Khaled With Fraud
Sohrab “Sam” Sharma and Robert Farkas were the operators of an initial coin offering that – according to a Securities and Exchange Commission complaint filed today in the District Court of Southern New York – fleeced investors out of more than $42 million though a business called Centra Tech Inc. What led to Farkas’s arrest…