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Ex-CFO sentenced to two years after diverting $35M to crypto venture
Nevin Shetty was convicted of wire fraud related to secretly moving $35 million in funds from a Seattle startup to his own crypto platform in 2022 to use for DeFi investments.
Solana Moves Into New Market With Latest Update, But Can This Move Price Above $100?
Solana’s institutional footprint just got meaningfully larger, though the price action has yet to follow. Forward Industries, the Nasdaq-listed SOL treasury company, is set to join the Russell 2000 and Russell 3000 indexes. The timing makes the update interesting because Solana itself is still fighting to recover stronger momentum. SOL is currently trading around $80, […]
Morgan Stanley Readies Spot Bitcoin ETF For Wednesday Debut – What Investors Should Know
Morgan Stanley is poised to become the first major US bank to launch a spot Bitcoin ETF, according to filings and market notices that indicate an April 8 debut. The $1.9 trillion Wall Street firm’s entry would arrive more than two years after the US Securities and Exchange Commission (SEC) approved the first Bitcoin ETF […]