Columbus, OH

BitClout, a decentralized social media platform, raised from a who’s-who of firms, like a16z, Sequoia, Chamath Palihapitiya’s Social Capital, Coinbase Ventures and Winklevoss Capital. Many of these big name investors were in at the company’s roughly $7 million seed round, with Sequoia investing $1 million and a16z investing $3 million, according to sources close to the seed round at the time.

SEC charges BitClout founder Nader Al-Naji with fraud; says proceeds paid for L.A. mansion, gifts

Meanwhile, many have misinterpreted the SEC's recent filing in the Binance case. Stuart Alderoty, Ripple's top lawyer, has taken to the X social media platform to weigh in on the U.S. Securities and Commission's most recent U-turn. The regulatory agency recently walked back on its claim that several popular cryptocurrencies,...

Ripple's Top Lawyer Names Main Problem with SEC's Recent U-Turn

Broward County, FL

Sourcing Journal


				













	Two executives at Florida-based, now-defunct trucking and logistics firm Royal Bengal Logistics Inc. have been charged in participating in a Ponzi scheme that fraudulently raised roughly $112 million from 1,500 investors.Nike's 'Pattern of Ignoring Investor Concerns' Sparks Stakeholder Action




	The Securities and Exchange Commission (SEC) charged Broward County, Florida residents Ricardi Celicourt and Brisly Guillaume with violations of the securities registration and broker-dealer registration provisions.




	From approximately April 2021 until June 2023, the defendants sold investments to public investors despite never being registered as brokers or dealers with the SEC, or being associated with a registered broker-dealer.




	Celicourt and Guillaume served as then-vice...

SEC Charges Former Trucking Execs Over $112 Million Ponzi Scheme

Solana, Cardano, and Polygon can all breathe a tentative sigh of relief—the Securities and Exchange Commission (SEC) wants to table its allegation that they are unregistered securities in its lawsuit against crypto exchange Binance, according to a new court filing. The SEC wants to amend its Binance lawsuit to...

SEC Might Shelve Allegation That Solana Is a Security in Binance Lawsuit

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Ripple CEO Slams SEC's Hypocrisy Amid U-turn in Binance Case

Colorado State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Los Angeles, CA

Activist investor and renowned short seller Andrew Left surrendered to authorities in Los Angeles on Monday and was scheduled to appear before Judge Rozella A. Oliver in U.S. District Court this afternoon, according to a CNBC report. Left is facing both a criminal indictment issued Thursday by the Justice Department and charges of “bait-and-switch” tactics from the Securities and Exchange Commission.

GameStop, Nvidia Short Seller Andrew Left Surrenders on Fraud Charges

Camden, NJ

Cornelius, NC

Morristown Minute

CAMDEN, N.J. – Lisa Smith, 61, of Cornelius, North Carolina, has admitted to her role in a fraudulent scheme involving over $3.5 million in Paycheck Protection Program (PPP) loans. U.S. Attorney Philip R. Sellinger announced today that Smith pleaded guilty before U.S. District Judge Karen M. Williams in Camden federal court on July 17, 2024, to a charge of bank fraud conspiracy.

Woman Pleads Guilty to $3.5M COVID Relief Scam

California State

The HD Post

CALIFORNIA – Plaintiffs, in a case against Wells Fargo alleging that the bank knowingly took part in a marketing scam, asked the court, July 8, not to grant a motion for summary judgment.

Class action lawsuit says Wells Fargo customers lost over $160 Million

Andrew Left, the founder of short-selling financial research firm Citron Research, has pleaded not guilty to several securities fraud charges laid against him on July 26. Left reportedly appeared in a 40-minute-long hearing in a federal court in Los Angeles, where Judge Rozella Oliver imposed a $4 million unsecured bond and a $1 million collateralized bond against Citron’s founder.

Citron founder pleads not guilty to fraud over short seller calls

Savannah, GA

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

Daily Coffee Press

Newly returned indictments in the Southern District of Georgia include felony charges for illegal firearms possession and drug distribution, while additional defendants have been sentenced to federal prison or await further proceedings after pleading guilty to federal gun charges.

Federal Charges in Southern GA: Indictments and Sentences for Firearms and Drug Offenses

New York City, NY

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Illinois State

Chicago, IL

Foodie in Chicago

Every year, new laws that were passed the prior year go into effect on July 1. In 2024, a number of new laws will begin this Monday. Among them include higher wages for tipped employees, a gas tax increase, and driver's licenses for undocumented immigrants.

New Laws July 1: Driver's Licenses for Undocumented Migrants, Raises for Tipped Workers, and More

Florida State

Uncovering Florida

Most people are guilty of doing it at least once in their lives, many people do it by accident, some do it because they find it fun, and others do it for reasons like honoring loved ones. Regardless of the situation, just about everyone has released a balloon. The difference is that intentionally releasing balloons is now illegal by House Bill 321’s standards.

Law Signed By DeSantis Makes It Illegal To Release Balloons In Florida

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

Missouri State

Fulton, MO

CJ Coombs

Updated on July 17, 2024, concerning two of the missing children listed below. Bringing them home: for 40 years, the National Center for Missing and Exploited Children (NCMEC) has been helping to locate missing children.

Seven teenagers have been missing in Missouri since June 2024

New Jersey State

A new initiative aims to provide housing for vulnerable Medicaid members, enhancing community wellness and support. MORRIS COUNTY, N.J. - In a significant move to tackle housing instability among Medicaid recipients, New Jersey's Human Services Commissioner Sarah Adelman, along with Community Affairs Commissioner Jacquelyn A. Suárez, today announced the availability of $95 million in funding for developers. This initiative, part of the Healthy Homes program, is designed to create affordable housing opportunities for NJ FamilyCare members who are either homeless, at risk of homelessness, or currently living in institutional settings.

$95 Million for Healthy Homes: Housing for Medicaid Members

XRP whales are moving coins as the community eagerly awaits the court’s decision on the case filed by the US Securities and Exchange Commission (SEC) against Ripple. According to Whale Alert, wallets holdings a significant amount of XRP have been moving their holdings, with the trend showing a possible increase in trading activity in the coming days.

XRP Whales On A Rampage Ahead of Impending Ripple vs. SEC Final Judgment

BlackRock, the New York-based asset management goliath, noticed an uptick in crypto scammers targeting its iShares spot Bitcoin and Ether exchange-traded funds (ETF) investor base and issued an alert against social media impersonators. On July 29, BlackRock urged investors to avoid all social media interactions with individuals or businesses posing...

BlackRock imposters target crypto ETF investors

Newark, NJ

Paterson, NJ

NEWARK, N.J. – Jasmine McGregor, 32, and Jhenelle Lewis, 35, both of Paterson, New Jersey, have pleaded guilty to conspiring with a physician to distribute oxycodone, a powerful opioid, without legitimate medical justification. The announcement was made today by U.S. Attorney Philip R. Sellinger.

Paterson Residents Conspired with Physician to Illegally Distribute Opioids

NewsBreak

SEC charges Bitclout aka DeSo’s Al-Naji with $257M securities fraud

Bitclout’s Al-Naji reportedly lied about the project’s lack of decentralized nature. SEC’s actions come on the back of the agency cracking down on entities guilty of...

SEC charges Bitclout aka DeSo’s Al-Naji with $257M securities fraud

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