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fromIntelligencer
2 months agoTrump's Crypto Cash Grabs Are Getting Weirder
Since the beginning of his second administration, Donald Trump has been pursuing opportunities to make a quick buck in cryptocurrency at nearly every chance he can get. He and his team have already taken care of the obvious stuff, like meme coins and stablecoins and Trump-branded exchange-traded funds, which have earned him billions. So to keep the good times rolling, the Trump crypto brain trust needed to get more creative.
US politics
fromTechCrunch
3 months agoFaraday Future faces potential SEC enforcement action after three-year probe | TechCrunch
The SEC has sent Wells Notices to Faraday Future’s founder and president indicating impending enforcement actions due to a three-year-long fraud investigation related to their 2021 SPAC merger.
US politics
fromFortune
4 months agoSPACs are back: This year's crop of blank check companies lack celebrity sponsors, and that's likely a good thing
In 2021, SPACs saw massive involvement, with over 613 blank check companies raised $162.6 billion, but nearly 60% couldn't complete mergers, leading to skepticism.
E-Commerce
fromFast Company
6 months agoWebull stock price update: BULL shares are falling today after a massive surge that followed its SPAC merger
Webull Corporation's shares surged nearly 375% after merging with a SPAC, indicating significant public interest, but premarket trading shows a decline of about 15%.
Startup companies
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