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[Link] Tesla asks judge to pause suit alleging ‘rampant racism’ against Black workers
Read: 19/4/2022 www.theguardian.com
Tesla has asked a California judge to pause a lawsuit against the company alleging widespread racial discrimination at its flagship assembly plant.
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[Link] Joe Manchin Wants to Let Companies Keep Polluting in Private, Thanks
Read: 5/4/2022 www.vice.com
Should companies have to explain their role in causing climate change? There’s a simple answer, according to Sen. Joe Manchin: Hell no.
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[Link] Brother and sister charged with cryptocurrency fraud in New York
Read: 9/3/2022 www.theguardian.com
US authorities on Tuesday filed criminal charges against a cryptocurrency executive and civil charges against him and his sister, accusing them of defrauding retail investors out of millions of dollars with a digital token known as Ormeus Coin.
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[Link] AOC Says She Doesn't Own Bitcoin to Do Her Job 'Ethically'
Read: 8/12/2021 www.vice.com
On Monday, Rep. Alexandria Ocasio-Cortez clarified on Instagram that she does not hold any digital assets or tokens, including Bitcoin, and said she doesn’t believe policymakers should be able to hold financial products like stocks.
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[Link] Canadian teen nabbed in $36.5M crypto heist – possibly the biggest haul yet by a single individual
Read: 22/11/2021 www.theregister.com
A Canadian teenager has been arrested for allegedly stealing $37 million worth of cryptocurrency ($46M Canadian) via a SIM swap scam, making it the largest virtual cash heist affecting a single person yet, according to police.
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[Link] ‘Domino effect’ warning as $200 billion wiped off cryptocurrency market
Read: 16/11/2021 www.news.com.au
Hundreds of billions of dollars have been wiped off cryptocurrencies in a market-wide crash that has brought the price of bitcoin down below $60,000.
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[Link] Cryptocurrency Loan Platform Implodes In $130 Million Hack
Read: 28/10/2021 www.vice.com
On Wednesday, crypto lending service C.R.E.A.M. Finance was the target of a hack that stole over $130 million. It’s not only one of the largest heists ever targeting a so-called “decentralized finance” (DeFi) platform, but also the third such hack targeting C.R.E.A.M.
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[Link] Opinion: Dear Facebook: No one cares about Oculus; give us Instagram revenue!
Read: 26/10/2021 www.marketwatch.com
Facebook goes the Alphabet route — giving investors numbers on a young business instead of mature operations, while renaming the company — but can we just skip to the part where the SEC makes Zuckerberg tell investors what they actually want to know? Facebook Inc.
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[Link] SEC: GameStop Frenzy ‘Tested the Capacity and Resiliency’ of Stock Market
Read: 19/10/2021 www.vice.com
“At the same time, the trading in meme stocks during this time highlighted an important feature of United States securities markets in the 21st century: broad participation,” the report noted.
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[Link] Coinbase Goes Nuclear After SEC Threatens to Sue Over Crypto Loans
Read: 8/9/2021 www.vice.com
Notably, the fine print states that Coinbase is not a bank and funds lent through the service would not be protected by FIDC or SIPC insurance, which insure funds held in US savings accounts and financial instruments like stocks, respectively.
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[Link] Disgraced Girlboss Elizabeth Holmes is Finally Standing Trial for Fraud
Read: 30/8/2021 www.vice.com
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