The US financial regulators begin to close as federal funds are exhausted

The US financial regulators begin to close as federal funds are exhausted

Washington market regulators (Reuters) -they began the workers’ license process on Wednesday when the federal government closed after Congress could not extend financing, reducing the key supervision functions, hindering the initial public offers and limiting some data and economic data. The closure, which began at midnight, will force the stock exchange and securities commission to…

Read More
The founder of Celsius Network, Alexander Mashinsky, sentenced to 12 years for defrauding cryptographic investors

The founder of Celsius Network, Alexander Mashinsky, sentenced to 12 years for defrauding cryptographic investors

Alexander Mashinsky, founder and former CEO of the Celsius Network cryptocurrency loan platform, has been sentenced to 12 years in a federal prison for orchestrating a large -scale financial fraud scheme that cheated investors and cost many life savings. The sentence was transmitted by the American district judge John G. Koeltl, who said that Mashinsky’s…

Read More
Blackrock approaches a private credit agreement of $ 12 billion with HPS Investment Partners

Blackrock approaches a private credit agreement of $ 12 billion with HPS Investment Partners

Blackrock, the world’s largest asset manager, is close to completing a $ 12 billion agreement to acquire HPS Investment Partners, a firm known for private credit investments. This strategic movement positions Blackrock as an important force in one of the fastest growth sectors of Wall Street. The reports suggest that the agreement could be announced…

Read More