The Securities and Exchange Commission has ended its long-running fraud and securities violation lawsuit against Justin Sun after one of his companies agreed to pay a $10 million fine.
Related Posts
Core Scientific secures up to $1B credit from Morgan Stanley for data centers
The Bitcoin miner and data center operator said the financing will support infrastructure tied to high-density computing workloads, including artificial intelligence and HPC.
Ethereum Foundation Unveils Next Phase Of Its Privacy Revolution
The Ethereum Foundation (EF) has formalized a new leadership structure for its privacy program, elevating privacy from a set of parallel initiatives to a coordinated “Privacy @ EF” cluster that is explicitly organized around real-world use cases and deployability. Ethereum Makes Privacy A Priority In an October 1 post titled “Privacy Cluster Leadership Announcement,” EF […]
Bitcoin Treasury Firm Nakamoto Implodes: 99% Stock Crash, June Delisting Deadline Loom
Nakamoto Holdings, a publicly traded Bitcoin‑treasury company that launched last August, is facing a deepening financial crisis after a dramatic stock collapse and a string of losses that have eroded investor confidence and raised the specter of delisting. In less than a year, the company’s market capitalization has plunged from a peak near $24 billion […]