Crypto Currency

Fugitive Chinese Billionaire Allied with Steve Bannon Agrees to Pay $539 Million Fine

DON EMMERTThe fugitive Chinese billionaire and Steve Bannon ally behind a pro-Trump social media network now owes owes hundreds of millions of dollars to the federal government, after a new settlement with the Securities and Exchange Commission.Companies owned by billionaire and aspiring media mogul Guo Wengui agreed to pay the SEC $539 million as part…

Published 3 years ago in
Fugitive Chinese Billionaire Allied with Steve Bannon Agrees to Pay $539 Million Fine

DON EMMERTThe fugitive Chinese billionaire and Steve Bannon ally behind a pro-Trump social media network now owes owes hundreds of millions of dollars to the federal government, after a new settlement with the Securities and Exchange Commission.Companies owned by billionaire and aspiring media mogul Guo Wengui agreed to pay the SEC $539 million as part of a settlement over illegal stock and cryptocurrency sales, the agency announced Monday. The agreement includes a condition preventing Wengui’s companies from selling future digital currencies.Lawyers for Wengui didn’t respond to an immediate request for comment.Read more at The Daily Beast.
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Crypto Currency

US President Joe Biden signs bill to ban TikTok

The President of the United States, Joe Biden, has signed into law a bill seeking to ban social media app, TikTok. The bill which was earlier passed by the U.S. Congress requires TikTok’s China-based parent company, ByteDance, to sell the app within nine months, or face a ban in the U.S…

Published 46 mins ago in
US President Joe Biden signs bill to ban TikTok

The President of the United States, Joe Biden, has signed into law a bill seeking to ban social media app, TikTok. The bill which was earlier passed by the U.S. Congress requires TikTok’s China-based parent company, ByteDance, to sell the app within nine months, or face a ban in the U.S…
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Crypto Currency

UK Fortifies Crypto Framework To Ensure Market Integrity

In a landmark move, the United Kingdom has strengthened its legal framework to fight financial crimes in the cryptocurrency industry. The Financial Conduct Authority (FCA) which supervises the growing crypto market of the UK will soon be endowed with more authority to tackle illegal activities surrounding digital assets…

Published 8 hours ago in
UK Fortifies Crypto Framework To Ensure Market Integrity

In a landmark move, the United Kingdom has strengthened its legal framework to fight financial crimes in the cryptocurrency industry. The Financial Conduct Authority (FCA) which supervises the growing crypto market of the UK will soon be endowed with more authority to tackle illegal activities surrounding digital assets…
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Crypto Currency

Will Shiba Inu (SHIB) Become the Largest Meme Coin During This Cycle?

SHIB is currently the 13th largest cryptocurrency, while DOGE occupies the 10th spot…

Published 8 hours ago in
Will Shiba Inu (SHIB) Become the Largest Meme Coin During This Cycle?

SHIB is currently the 13th largest cryptocurrency, while DOGE occupies the 10th spot…
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Crypto Currency

Binance Claims Ignorance of $10 Billion Fine Imposed by Nigerian Government

Binance, a leading cryptocurrency exchange, has denied allegations made by a Nigerian government official that it is facing a $10 billion fine. While Binance maintains its commitment to fostering a positive relationship with the Nigerian government, it firmly states that it will not succumb to pressure to pay for the release of its detained executives…

Published 8 hours ago in
Binance Claims Ignorance of $10 Billion Fine Imposed by Nigerian Government

Binance, a leading cryptocurrency exchange, has denied allegations made by a Nigerian government official that it is facing a $10 billion fine. While Binance maintains its commitment to fostering a positive relationship with the Nigerian government, it firmly states that it will not succumb to pressure to pay for the release of its detained executives…
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