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New York says cryptocurrency exchange Bitfinex hid $850-million loss

New York’s top cop said operators of one the worldâ.....»»

Category: topSource: latimesApr 25th, 2019

The Wall Street Journal: Cryptocurrency firms Bitfinex, Tether settle New York AG’s probe for $18.5 million

The New York attorney general’s office settled Tuesday a nearly two-year investigation into the finances and corporate practices of the companies that operates the Bitfinex cryptocurrency exchange and the stablecoin tether......»»

Category: topSource: marketwatchFeb 23rd, 2021

Bitfinex Covered $850 Million Loss Using Tether Funds, NY Prosecutors Allege

New York's Attorney General has obtained a court order against crypto exchange Bitfinex's operator iFinex as well as stablecoin company Tether......»»

Category: forexSource: coindeskApr 26th, 2019

Bitfinex Investor Raising $21 Million for Binance-Style Exchange Cryptocurrency

OTC trader Dong Zhao's crypto lending startup has lined up $21 million in commitments for a BNB-like token sale......»»

Category: forexSource: coindeskJul 23rd, 2019

Market Extra: Bitfinex and Tether parent challenges N.Y. Attorney General’s regulatory authority

The parent company of cryptocurrency outfits Bitfinex and Tether questions the New York Attorney General’s oversight authority in an official court response to accusations that its subsidiaries covered up some $850 million in losses......»»

Category: topSource: marketwatchMay 6th, 2019

Cryptos Tumble After NY AG Accuses Bitfinex Of Massive Fraud, "Loss" Of $850 Million

New York’s Attorney General alleged the operator of the Bitfinex cryptocurrency trading platform and the issuer of the Tether "stablecoin" lost $850 million and subsequently used funds from affiliated stablecoin operator Tether - i......»»

Category: blogSource: zerohedgeApr 25th, 2019

Crypto Exchange Bithumb Posts $180 Million Loss for 2018

Bithumb, South Korea’s largest cryptocurrency exchange, has posted a net loss of 205.5 billion won ($180 million) for 2018......»»

Category: forexSource: coindeskApr 12th, 2019

Cryptocurrency Exchange Coincheck Reports Over $5 Million Loss in Q3

Coincheck, the Japanese crypto exchange that suffered a $520 million hack in January, has reported increased losses for Q3 2018......»»

Category: forexSource: coindeskOct 29th, 2018

Cathie Wood Loads Up Yet Another $51M In Coinbase As Shares Slump Amid Bitcoin-Led Crypto Carnage

Cathie Wood-led Ark Investment Management on Friday snapped up another 223,181 shares, worth about $50.7 million, in Coinbase Global Inc (NASDAQ: COIN) as the cryptocurrency exchange stock staged a fresh dip. read more.....»»

Category: blogSource: benzingaMay 23rd, 2021

Cathie Wood Buys Another $59M In Coinbase As Bitcoin Recovers, Entirely Cuts Apple Stake

Cathie Wood-led Ark Investment Management on Thursday snapped up 254,738 shares, worth about $59.46 million, in Coinbase Global Inc (NASDAQ: COIN) as the cryptocurrency exchange bounced back after a bullish call from analysts. read more.....»»

Category: blogSource: benzingaMay 21st, 2021

Shiba Inu coin investment turned New York brothers into multimillionaires a few months after they bet $8,000 on the "parody" cryptocurrency, reports say

As Shiba Inu coin skyrocketed by more than 10,000%, a New York family's $8,000 investment reportedly turned into almost $9 million in crypto holdings. The crypto bet paid off for the family. Getty A New York family's $8,.....»»

Category: personnelSource: nytMay 15th, 2021

NYSE"s Intercontinental Exchange Sells $1.2B Stake In Coinbase To Reduce Debt

New York Stock Exchange (NYSE) operator Intercontinental Exchange Inc (NYSE: ICE) has sold its 1.4% stake in cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN). read more.....»»

Category: blogSource: benzingaApr 30th, 2021

Coinbase stock drops toward a 5th straight loss as bitcoin extends selloff

Shares of Coinbase Global Inc. dropped 3.4% in premarket trading Friday, putting them on course for a fifth straight decline, as a selloff in bitcoin toward a 7-week low weighed on the recently public cryptocurrency exchange. The stock has dropped 14.2.....»»

Category: topSource: marketwatchApr 23rd, 2021

Cryptos: Coinbase CEO Brian Armstrong raised more than $290 million with share sales, and Fred Ehrsam raised nearly $112 million

Coinbase Global Inc. co-Founders Brian Armstrong and Fred Ehrsam raked in a whole lot of fiat money when the cryptocurrency exchange went public last week through a direct listing......»»

Category: topSource: marketwatchApr 19th, 2021

Coinbase pulled in $57 million from retail investors during its trading debut, the 5th-most-popular offering since 2017

Coinbase drew in $57 million from retail investors when the cryptocurrency exchange's shares started trading, among the most popular debuts in recent years. Coinbase is set to directly list on th.....»»

Category: topSource: businessinsiderApr 15th, 2021

Why About-To-Go-Public Crypto Exchange Coinbase Earned $1.8B In Q1

Major U.S.-based cryptocurrency exchange Coinbase reported $1.8 billion in revenue and an estimated $800 million in net income for the first quarter of 2021. read more.....»»

Category: blogSource: benzingaApr 7th, 2021

Acadia plummets 49% after FDA decision dims chances of label expansion for key drug, analyst says

Analysts had high hopes for the label expansion, with Stifel expecting the approval to bring in more than $100 million in revenue for Acadia in 2022. A trader reacts during the opening bell at the New York Stock Exchange (NYSE) on F.....»»

Category: smallbizSource: nytMar 9th, 2021

Tech entrepreneur John McAfee charged with fraud, money laundering in cryptocurrency schemes

The Southern District of New York has charged tech entrepreneur John McAfee and his cryptocurrency team with fraud and money laundering conspiracy crimes related to two schemes that netted them $13 million......»»

Category: topSource: foxnewsMar 5th, 2021

Oscar Health launches IPO with plans to offer 31 million shares priced at$32 to $34 each

Oscar Health Inc. on Monday launched an initial public offering with plans to offer 31 million shares priced at $32 to $34 each. The health insurer is planning to list on the New York Stock Exchange, under the ticker sym.....»»

Category: topSource: marketwatchFeb 22nd, 2021

Cryptocurrency trading platform Coinseed sued by New York and SEC for selling "worthless" tokens to investors

The New York attorney general said that Coinseed defrauded investors out of more than $1 million, and "willfull.....»»

Category: worldSource: nytFeb 17th, 2021

Madison Square Garden Is Able To Patiently Wait For The Return Of Sport Events

On Monday, the New York-based sports team and entertainment company, Madison Square Garden Sports Corp. (NYSE: MSGS) reported a fiscal third-quarter loss of $118 million, after reporting a profit in the same period a year earlier. read more.....»»

Category: blogSource: benzingaMay 15th, 2020