DOJ moves to dismiss charges against alleged $722M BitClub fraudster: Report
Matthew Goettsche was set to face trial in October for conspiracy to commit wire fraud and selling unregistered securities. Source:Cointelegraph
SEC Office of Municipal Securities Updates FAQs for Registration of Municipal Advisors
The Securities and Exchange Commission’s Office of Municipal Securities today announced it has updated its Registration of Municipal Advisors FAQs webpage to…
US charges prisoner over alleged laundering of seized Kraken crypto
US prosecutors charged Rossen Iossifov over the alleged laundering of $290,000 in forfeited crypto from a Kraken account. Source:Cointelegraph
The bar is high for S&P 500 earnings, but these as-yet-unrewarded sectors are where real surprises could be hiding
Expectations for S&P 500 companies that will begin reporting next week are flying pretty high, but only for a select few, notes HSBC. Source:MarketWatch
Slumping AI stocks could be really good news for your nontech holdings, says market strategist
Katie Stockton, of Fairlead Strategies, said she is seeing strong buying momentum in the healthcare, industrial, biotech, insurance and utility sectors…
Circle soars after securing U.S. trust bank approval in crypto expansion
The approval adds to a growing list of crypto firms seeking federal banking licenses as the industry moves into the regulated financial system. Source:CoinDesk
As SK Hynix lands in the U.S., here’s why investors should be wary of the chip sector’s ‘bubblelike’ volatility
Traders can only hope South Korea–style turbulence won’t be imported to Wall Street. Source:MarketWatch
Bidding war breaks out for easyJet as Apollo tops rival private-equity group’s bid
A bidding war has broken out for EasyJet, the British lowcost airline, with the second American privateequity bid. Source:MarketWatch
Meet the new group of stocks powering the S&P 500 higher
A violent rotation is taking place under the hood of the stock market ahead of secondquarter earnings. Source:MarketWatch
With SEC fight over, Coinbase's top legal exec Grewal moves on, and others reassigned
Coinbase Chief Legal Officer Paul Grewal will depart the exchange, though he'll continue as an adviser, he said Thursday. Source:CoinDesk
White House says it received no Democratic nominees for SEC, CFTC vacancies
Both US financial regulators are understaffed at the leadership level and lacking Democratic commissioners, with no announcement from President Donald Trump on…
Billions flowing out of bitcoin ETFs and private credit funds suggest rising market risks
Redemption requests in the $2 trillion private credit market surged to $15.6 billion in the second quarter, dwarfing bitcoin ETF outflows. Source:CoinDesk