Tesla’s founder and CEO Elon Musk is identified for his controversial tweets, ranging from criticism to gender pronouns to predicting near to zero new coronavirus instances in the United States by April 2020. Most of his tweets do not deliver repercussions outside of heated on the net debates—but there was a single tweet […]
SEC
Crypto lender BlockFi will pay $100 million in a Securities and Exchange Commission settlement over a probe into selling unregistered securities, Bloomberg reported Friday (Feb. 11). BlockFi will also stop opening new accounts for its high yield lending product, per the report. The penalties are among the highest leveled at […]
Nikola wants Milton to pay up. Nikola Electric semi truck startup Nikola revealed in its third-quarter earnings report Thursday that it’s nearing a settlement with the US Securities and Exchange Commission over its ongoing investigation. The firm plans to seek reimbursement from embattled founder and former chairman Trevor Milton. The […]
Spencer Platt/Getty Images A startup trading platform wants to upend the traditional stock market cycle by proposing a 24-hour trading operation – including weekends and holidays – potentially altering the way investors have traded for decades. 24 Exchange is in the process of completing its application to the US Securities […]