Daily Archives: May 31, 2018, 1:56 pm

In the World of Cryptocurrency, Even Good Projects Can Go Bad – The New York Times

The Envion experience is the latest reminder of how the sudden rise of virtual currencies has allowed entrepreneurs to have direct access to investors without regulatory oversight — often with financially disastrous consequences for the people who put money into the projects. via In the World of Cryptocurrency, Even Good Projects Can Go Bad – The New York Times.

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SEC Charges Investment Banker in Insider Trading Scheme

The Securities and Exchange Commission today charged an employee of a prominent investment bank with repeatedly using his access to highly confidential information in order to place illicit and profitable trades in advance of deals on which the bank was providing investment banking advisory services. According to the SEC’s complaint, Woojae “Steve” Jung, a Vice President of Investment Banking who…

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