Updated Trading News

Court denies Afriq Arbitrage CEO Jesam Michael bail over $854K, N590m fraud charges
Court denies Afriq Arbitrage CEO Jesam Michael bail over $854K, N590m fraud charges

The Federal High Court in Abuja has today, Friday, May 9, 2025, denied the bail application of Jesam...

Founder of Crypto Platform Celsius Sentenced to 12 Years in Jail for Fraud
Founder of Crypto Platform Celsius Sentenced to 12 Years in Jail for Fraud

Prosecutors stated that Alexander Mashinsky misled customers about Celsius’s proprietary crypto token and artificially inflated its value.

Gold overtakes stocks as second-favorite long-term investment: US poll
Gold overtakes stocks as second-favorite long-term investment: US poll

In Gallup's annual poll, around 23% of the US adults now prefer bullion as their go-to investment, a five-point rise over last year.

SEC, Ripple settlement agreement drops fine to $50 million
SEC, Ripple settlement agreement drops fine to $50 million

The 2020 case, in which the Securities and Exchange Commission tried to hold Ripple accountable to securities law, offers little clarity for the regulation of crypto tokens.

Texas Business Leaders and King Abdullah II of Jordan Discuss Strengthening Economic Ties in Roundtable Event
Texas Business Leaders and King Abdullah II of Jordan Discuss Strengthening Economic Ties in Roundtable Event

Texas business leaders discussed economic ties with King Abdullah II of Jordan to explore potential partnerships.

Crypto mogul Alex Mashinsky sentenced to 12 years in prison over billion dollar Celsius fraud
Crypto mogul Alex Mashinsky sentenced to 12 years in prison over billion dollar Celsius fraud

Mashinsky's sentence is among the longest in a criminal case arising from the 2022 meltdown in cryptocurrency markets.

SEC's Crenshaw Criticizes Ripple Settlement And Highlights Risks Of Regulatory Gaps
SEC's Crenshaw Criticizes Ripple Settlement And Highlights Risks Of Regulatory Gaps

(MENAFN - Crypto Breaking)The Securities and Exchange Commission (SEC) is facing criticism from one of its own commissioners regarding the proposed settlement with Ripple . Hester Peirce, also ...

Founder of crypto platform Celsius Network is sentenced to 12 years in prison
Founder of crypto platform Celsius Network is sentenced to 12 years in prison

Alexander Mashinsky admitted to misleading customers by promising their investments were safe.

Founder of crypto platform Celsius Network is sentenced to 12 years in prison
Founder of crypto platform Celsius Network is sentenced to 12 years in prison

Alexander Mashinsky admitted to misleading customers by promising their investments were safe.

Founder of crypto platform Celsius Network is sentenced to 12 years in prison
Founder of crypto platform Celsius Network is sentenced to 12 years in prison

Alexander Mashinsky admitted to misleading customers by promising their investments were safe.

Founder of crypto platform Celsius Network is sentenced to 12 years in prison
Founder of crypto platform Celsius Network is sentenced to 12 years in prison

Alexander Mashinsky admitted to misleading customers by promising their investments were safe.

Stablecoins are back in focus as Democrats reject legislation approving their use
Stablecoins are back in focus as Democrats reject legislation approving their use

Stablecoins have come into focus on Thursday, as Democrats opposed legislation aimed at creating a legal pathway for the digital tokens.

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