Trading

Insider Trading Scheme Unveiled: Two Brothers Plead Guilty in Trump Media Merger Scandal

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Los Angeles, California – Two individuals have recently pleaded guilty to insider trading in connection with the merger of Trump Media. The case has sparked interest and speculation among investors and the public alike. The guilty pleas were made by two brothers who were involved in a scheme linked to the media business of former President Donald Trump. This development has raised concerns about the integrity of financial markets and the potential consequences of insider …

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Insider Trading Scheme Linked to Trump Media: Brothers Plead Guilty! Find Out More!

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Miami, Florida – Two brothers from Florida, Michael Shvartsman, 53, and Gerald Shvartsman, 46, have pleaded guilty in federal court for their involvement in a $22 million insider trading scheme linked to the company that took former President Trump’s social media venture public. The brothers admitted to one count of securities fraud each, facing a maximum sentence of 20 years in prison. The sentencing hearing for the brothers is scheduled for July 17, as decided …

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**Delist**: New York Stock Exchange Takes Action to Remove Fisker from Trading – Shocking News Unveiled!

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New York, NY: The New York Stock Exchange is taking action against troubled electric vehicle manufacturer Fisker, announcing plans to delist the company’s shares. The decision comes after the NYSE cited Fisker’s significantly low trading price as a key factor in its move to halt trading and initiate delisting proceedings. With Fisker’s shares valued at just about 9 cents each, trading was suspended earlier in the week. Fisker’s woes continue to mount as news of …

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Bankruptcy Fisker Hires Financial Advisers Amid Possible Bankruptcy Filing – Stock Down 45% in After-Hours Trading

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Los Angeles, California – Fisker, an electric vehicle manufacturer, is facing financial challenges as it reportedly hires restructuring advisors to navigate a potential bankruptcy filing. The company’s stock prices have plummeted, raising concerns about its financial viability, despite a significant increase in deliveries in the last quarter. Amidst these struggles, Fisker has been seeking outside investment and exploring partnerships to stay afloat. Recent reports suggest that the company is in advanced discussions with Nissan for …

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Bitcoin hits new record high of $70,000 as UK regulator allows trading of crypto-backed securities

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London, UK – Bitcoin has surged to a new all-time high, surpassing $70,000, following an announcement by the UK financial regulator permitting the trading of crypto-backed securities. The cryptocurrency hit a peak of $71,588 on Monday morning, outpacing its previous record set in November 2021. The UK Financial Conduct Authority revealed that it would not object to investment exchanges establishing a UK-listed market segment for cryptoasset-backed exchange traded notes [cETNs]. Although the FCA is allowing …

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**China EVs Face Pressure as Shares Plunge in Hong Kong Trading – Is the Bubble About to Burst?**

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Hong Kong, China – Shares of Chinese EV makers listed in Hong Kong took a hit in early trading Monday as concerns over price wars in China’s electric vehicle market weighed on investor sentiment. Li Auto saw the steepest decline, with shares plummeting nearly 11%, followed by Nio with a 4.6% drop, Xpeng down 3.9%, and BYD off 1.3%. The downward trend in the market comes as BYD launched a new, more affordable version of …

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Bitcoin Surges Past $57,000: Record Trading Volume and ETF Activity Explodes

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New York, NY – Bitcoin (BTC) showed impressive growth on Monday in the United States, reaching a significant milestone of $57,000 during the early hours of Tuesday in Asia, marking the first time since November 2021 that the cryptocurrency had surpassed this level. By press time, bitcoin had slightly retreated to $56,500, still maintaining a gain of more than 9% over the past 24 hours. The CoinDesk 20 Index (CD20) also showed strong performance, with …

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Insider Trading Husband Makes $1.76 Million Fortune Using Wife’s Company Secrets

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Houston, Texas – A Houston man, Tyler Loudon, found himself in legal trouble after allegedly using confidential information obtained from his wife, who worked for BP, to make a profit in the stock market. The case sheds light on the risks associated with discussing sensitive information in a home environment, especially when working remotely. Court filings revealed that Loudon overheard conversations at home that mentioned BP’s plans to acquire a truck stop operator. Armed with …

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Insider Trading Scandal: Husband Pleads Guilty After Eavesdropping on Wife’s Work Calls – Shocking News Update!

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New York, NY – A man in Brooklyn pleaded guilty to insider trading after admitting to overhearing confidential work calls of his wife, who worked for a prominent technology company. The incident brought attention to the risks of privileged information being exposed unintentionally. The man, identified as John Doe, acknowledged his wrongdoing in court, stating that he acted on the knowledge gained from eavesdropping on his wife’s conversations. John Doe’s actions came to light during …

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Insider Trading Husband Makes $1.76 Million Fortune Eavesdropping on Wife’s Work Calls

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Houston, Texas – A man from Texas has found himself in a legal tangle after allegedly profiting $1.76 million through insider trading. Tyler Loudon of Houston reportedly listened in on his wife’s work-from-home calls, where she discussed a merger involving her company. Taking advantage of this privileged information, Loudon invested in stocks before the merger was publicly announced, resulting in significant financial gain. Loudon’s wife, a mergers and acquisitions manager at BP, inadvertently shared details …

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