Tag: News

SEC charges CEO with nearly $200m crypto fraud scheme

The Securities and Exchange Commission accused PGI Global’s CEO of orchestrating an international scheme that raised $198 million under false crypto exchange claims. The Securities and Exchange Commission has charged Ramil Palafox, CEO of PGI Global, with orchestrating a $198…...
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SUI crypto surges over 30% as meme coins gain traction

SUI crypto has gone up by by nearly 32%, upholding the positive momentum from the previous trading day. SUI-based meme coins such as MIU, LOFI and BLUB have also gained popularity. According to data from crypto.news, SUI (SUI) has gone…...
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Cantor Joins SoftBank and Tether to Launch Fund Seeded With $3B BTC

American financial services giant Cantor is teaming up with Japanese multinational investment firm SoftBank and the world’s largest stablecoin issuer, Tether, to launch 21 Capital. Cantor chair Brandon Lutnick, the son of US Commerce Secretary Howard Lutnick, is aiming to replicate Strategy’s success as a public company investing heavily...
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Bitcoin Gets $3 Billion Power Play As Cantor, SoftBank, Tether Unite

A consortium led by Brandon Lutnick’s Cantor Equity Partners is preparing one of the most ambitious treasury-style bets on Bitcoin since MicroStrategy first turned its balance sheet into a proxy for the cryptocurrency market. According to a Financial Times report, the special-purpose acquisition company (SPAC) backed by brokerage Cantor...
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