TradingView has added a new feature to help traders better analyze commodity charts — Unit Conversion. In combination with currency conversion, this function will help you evaluate the exchange rate difference of the commodity assets you are interested in. Or you can convert the chart to see the price of the item in a more…
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Binance announces that GBP deposits and withdrawals via bank transfer (Faster Payments) have now resumed for Binance verified users. Successful completion of account verification is required to use this service. Faster Payment is a payment network service integrated via Paysafe, enabling users to deposit and withdraw fiat currencies via bank transfers. Binance advises its clients…
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The number of illegal investment websites blocked in Italy has exceeded 630, following the latest set of orders issued by the Companies and Exchange Commission (CONSOB). Today, Consob announced that it has ordered the blackout of six new websites that illegally offer financial services. The targeted entities and websites are: Tetris Group Ltd (websites https://clydetrade.pro,…
Read More “More than 630 illegal investment websites already blocked in Italy” »
Payment technology company Nuvei Corporation (TSX:NVEI) has announced senior leadership team changes. Yuval Ziv, the Company’s Managing Director, Digital Payments, is promoted to President in a newly-created global role. Praful Morar, the Company’s Chief Strategy Officer in Digital Payments, is appointed Global Expansion Officer and Netanel Kabala is appointed Chief Data and Analytics Officer. In…
The United States Securities and Exchange Commission (SEC) is making slow progress in its action targeting fraudulent cryptocurrency scheme PlexCorps, aka PlexCoin, as well as the individuals associated with it. On February 17, 2022, the SEC submitted a motion at the New York Eastern District Court requesting the approval of a transfer of funds to…
Read More “SEC aims to transfer $1.4M to Receiver in PlexCorps case” »
On February 18, 2022, the regional court in Frankfurt am Main imposed a heavy prison sentence in an insider trading proceeding. The defendant was sentenced to a total of three years and eight months in prison for engaging in insider trading on multiple occasions. Germany’s securities watchdog BaFin reported the defendant in July and November…
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Online trading company Admirals announces changes to the trading conditions for CFDs on cryptocurrencies. The broker announces an increase of the total exposure limits applicable to the CFDs that reference cryptocurrencies and an increase of the maximum leverage for positions in Bitcoin vs US Dollar CFDs. There will be new exposure limits that will apply…
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Elon Musk’s legal representative in a lawsuit brought by the Securities and Exchange Commission (SEC) has submitted a letter at the New York Southern District Court, which makes some rather bold accusations regarding the SEC’s conduct. Let’s recall that, back in September 2018, the SEC announced that Elon Musk has agreed to settle the securities…
The interim judicial managers for embattled offshore Retail FX broker Samtrade FX have issued a statement that there are parties posing as employees of Samtrade, or falsely claiming to be representatives of Samtrade, reaching out to investors on matters relating to the company. Following the freezing of its operations and client withdrawals at the very…
Read More “Samtrade FX administrators warn of scammers impersonating the company” »
The Commodity Futures Trading Commission (CFTC) today filed a civil enforcement action in the U.S. District Court for the Southern District of New York, charging James R. Velissaris of Atlanta, Ga. with fraud in connection with a multi-faceted scheme to overvalue the assets managed by his multi-billion dollar hedge fund. The CFTC seeks restitution to…
Read More “CFTC, SEC go after Infinity Q founder for $1bn overvaluation of investment funds” »
