Tag Archives: sec

The Securities and Exchange Commission has charged Steven Seagal for unlawfully participating in an initial coin offering (ICO). The popular Hollywood actor has ultimately agreed to pay over $350,000 for violating the anti-touting law.SEC Fines SeagalThe ICO bubble of 2017 and 2018 raised concerns among some world regulators, including the SEC. The U.S. watchdog warned back then that tokens sold as initial coin offerings (ICOs) may be securities. Ever since then, the Commission has been...

MoneyGram is one of the major partners of Ripple. And it received good investments from it. In the last half-year, it got a sum of another $11 million.It appears that in the last 6 months Ripple provides to MoneyGram an additional $11 million in investments. These indications were reportedly noticed in recent filings with the U.S. SEC by MoneyGram. Last year Q3 and Q4 reports indicate remittances to MoneyGram by Ripple Labs Inc. The sums were broken down into $2.4 million in Q3 and $8.9...

MoneyGram International Inc, which is one of the major Ripple’s partners, has revealed that it had a bad fourth quarter of 2019, especially if compared to results in Q4 2018. The stock is in red.MoneyGram International Inc (NASDAQ: MGI) stock is trading at around $2.38 at the moment of writing which indicated that the stock has lost over 7% since the last closing. Ripple and MoneyGram International Inc are making significant moves to keep the service on the top of the remittance market. The...

Virgin Galactic Holdings (NYSE: SPCE) stock manages to continue its rise while the majority of the stocks on the market are falling. Now in teh pre-market, it has gained around 8%.Virgin Galactic Holdings (NYSE: SPCE) stock has managed to rise slightly during the recent stock dip on the market. This dip occurred during a brief reign by the bears. The reason behind this was the issues surrounding the coronavirus. During the market stumble, SPCE stock had a reversal. The stock experienced an...

In the very recent past, Alphabet (GOOGL) stock has plunged a bit. However, the general trajectory and report of the company look quite positive.With a market cap over $1 trillion, Alphabet Inc. (NASDAQ: GOOGL) stock is a top tech stock and one of the world’s most valuable companies. All of the different facets of large tech companies like these make them very attractive to investors and also keeps them soaring higher. Regardless, even some of the biggest falter, as market factors do not...

The U.S. government has concluded a deep investigation into what Wells Fargo has been doing in the last 15 years. The bank is paying billions to the state now because their cheatings were hurting the clients.Wells Fargo, SEC, and the DOJ are driving in another financial drama. Wells Fargo went ahead to forging the client’s signatures on a contract, putting the client’s money to unauthorized accounts, and lying to the investors. They also performed personal data theft, making the clients...

As the merger between T-Mobile and Sprint is finalized, both companies have made a few amendments and hope to finalize all details by April. Deutsche Telekom will get a good stake.According to a recent announcement, both Sprint and T-Mobile have agreed to change the details for their new merger should be finalized shortly. The new amendment will allow Germany’s Deutsche Telekom to hold much more control in the newly-formed company.Sprint and T-Mobile Agree to ChangesAccording to the new...

With the Harbor acquisition, BitGo becomes the first firm in the crypto space wherein a single company holds broker-dealer, transfer agent, and qualified custodian licenses.BitGo, the popular crypto custodian services provider plans to expand its footprint in the crypto market by undertaking new services. As part of its expansion plan, BitGo has acquired a security token platform dubbed Harbor.This announcement came on Tuesday, February 18, however, the terms of the deal were not disclosed....

Telegram investors and developers created a foundation within the TON ecosystem to defend the project from the SEC. The TON Foundation participants, not Durov brothers, will manage funds and code.While the SEC is preparing to destroy Telegram for avoiding the U.S. securities law, Telegram keeps receiving help from unexpected parties. This time, Telegram’s key investors have formed a circle for coordinating the development of the network. They have no connection to Nikolai Durov and Pavel...

Tesla has now acknowledged the coronavirus as a serious risk in the company’s plans. Tesla says the epidemic could affect TSLA stock and the company’s progress.Tesla is easily the most interesting company in the world right now, because of its extremely parabolic stock. Currently trading at $788.99, TSLA stock has already pulled in more than 92% gains this year alone. However, even as it enjoys its new status, Tesla has admitted that the current coronavirus outbreak is strong enough to put a...