Who did Plus500 hire (ex Admirals, Coop Pank SA) to head a new operation in Estonia? Who is INFINOX’s new COO? Who did Zenfinex hire (ex FXCM) as CEO MENA? How are scammers attempting to rip off former clients of Samtrade FX? Answers to these questions, and a whole lot more, appeared first or exclusively…
The United States Securities and Exchange Commission (SEC) has responded to allegations made by Tesla and Elon Musk about the regulator harassing them following a $40 million settlement. Let’s recall that, back in September 2018, the SEC announced that Elon Musk has agreed to settle the securities fraud charge brought by the SEC against him….
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About a month after the traders affected by the January 2021 short squeeze revived their antitrust complaint against Robinhood and Citadel, the defendants have responded to the market conspiracy claims. On February 18, 2022, Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC and Citadel Securities LLC submitted their memorandum of law in support of…
Read More “Robinhood, Citadel slam amended antitrust complaint” »
TradingView has added a new feature to help traders better analyze commodity charts — Unit Conversion. In combination with currency conversion, this function will help you evaluate the exchange rate difference of the commodity assets you are interested in. Or you can convert the chart to see the price of the item in a more…
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Binance announces that GBP deposits and withdrawals via bank transfer (Faster Payments) have now resumed for Binance verified users. Successful completion of account verification is required to use this service. Faster Payment is a payment network service integrated via Paysafe, enabling users to deposit and withdraw fiat currencies via bank transfers. Binance advises its clients…
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The United States Securities and Exchange Commission (SEC) is making slow progress in its action targeting fraudulent cryptocurrency scheme PlexCorps, aka PlexCoin, as well as the individuals associated with it. On February 17, 2022, the SEC submitted a motion at the New York Eastern District Court requesting the approval of a transfer of funds to…
Read More “SEC aims to transfer $1.4M to Receiver in PlexCorps case” »
Payment technology company Nuvei Corporation (TSX:NVEI) has announced senior leadership team changes. Yuval Ziv, the Company’s Managing Director, Digital Payments, is promoted to President in a newly-created global role. Praful Morar, the Company’s Chief Strategy Officer in Digital Payments, is appointed Global Expansion Officer and Netanel Kabala is appointed Chief Data and Analytics Officer. In…
The number of illegal investment websites blocked in Italy has exceeded 630, following the latest set of orders issued by the Companies and Exchange Commission (CONSOB). Today, Consob announced that it has ordered the blackout of six new websites that illegally offer financial services. The targeted entities and websites are: Tetris Group Ltd (websites https://clydetrade.pro,…
Read More “More than 630 illegal investment websites already blocked in Italy” »
On February 18, 2022, the regional court in Frankfurt am Main imposed a heavy prison sentence in an insider trading proceeding. The defendant was sentenced to a total of three years and eight months in prison for engaging in insider trading on multiple occasions. Germany’s securities watchdog BaFin reported the defendant in July and November…
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Online trading company Admirals announces changes to the trading conditions for CFDs on cryptocurrencies. The broker announces an increase of the total exposure limits applicable to the CFDs that reference cryptocurrencies and an increase of the maximum leverage for positions in Bitcoin vs US Dollar CFDs. There will be new exposure limits that will apply…
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