The SEC’s Office of Investor Education and Advocacy has issued an alert, highlighting five common crypto scams investors should watch out for to avoid losing money. The SEC warns that fraudsters exploit cryptocurrency popularity with sophisticated techniques, making fund recovery difficult. For example, “Fraudsters may conduct pump-and-dump schemes with crypto assets, including so-called ‘memecoins’ that…
The troubled life of US President Joe Biden’s son, Hunter, will be at the center of legal and political fights in coming months as he faces two sets of federal criminal charges. Following the collapse of a plea deal on both matters, his trial on gun charges is scheduled to begin in Delaware June 3.…
People often wait too long to show their love or correct their interpersonal mistakes, says Pulitzer-winning author and oncologist Siddhartha Mukherjee. https://www.cnbc.com/2024/05/31/phrases-that-are-often-peoples-last-words-says-doctor-what-we-can-learn.html
South Korea’s export growth continued last month, led by demand for semiconductors, boosting the country’s trade balance to the biggest surplus since 2020 and supporting optimism among policymakers for better-than-expected economic expansion this year. from Bloomberg Markets https://ift.tt/cw37pqZ
UBS Group AG Chief Executive Officer Sergio Ermotti is pointing his finger at the role of regulators in Credit Suisse’s downfall, as he intensifies a campaign against government plans to impose painful new rules on the company he leads. from Bloomberg Markets https://ift.tt/xz3SyAi
The German defense minister is trying to persuade the chancellor and the country that the Russian threat requires a dramatic increase in military spending and ambition from Bloomberg Politics https://ift.tt/ai5zQcr
The world’s largest election is drawing to a close. from Bloomberg Politics https://ift.tt/hybtZwj
Australia has “security anxieties” in its relationship with China even as trade ties have stabilized, Deputy Prime Minister Richard Marles said, as he called on Beijing to uphold the global rules-based order. from Bloomberg Politics https://ift.tt/dcYQbhT
President Joe Biden defends the justice system during his first comments on Trump’s guilty verdict. https://ift.tt/y10tPHY June 01, 2024 at 02:14AM
Rashawn Russell, a former investment banker, has been sentenced to 41 months in jail for wire fraud related to a cryptocurrency and access device fraud. Russell’s sentencing took place at the Eastern New York District Court in Brooklyn after his September 2023 guilty plea. Former Banker’s $1.5 Million Crypto Fraud Prosecutors detailed that Russell began…