Daily Archives: September 18, 2023, 8:32 am

Gary Gensler Tells a Climate Whopper – WSJ

The Chairman’s biggest whopper was his assertion that “we have no climate agenda whatsoever.” Yet emails obtained by Energy Policy Advocates through a Freedom of Information Act request show that SEC officials have been working on the rule with the climate outfit Ceres, whose stated goal is to “achieve a zero emissions future.” Mr. Gensler may not want to risk…

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Wall Street Is Furious Over Rising Fines From SEC – WSJ

Wall Street is feeling the pain of inflation—at the tills of its regulators. Big banks and brokerage firms are handing over bigger checks to settle regulatory investigations, including those that don’t result in losses for investors. U.S. market regulators are increasingly demanding tens of millions of dollars to settle technical violations that just a few years ago cost companies much…

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SBF ripped Caroline Ellison over FTX crisis

Sam Bankman-Fried shredded his ex-lover Caroline Ellison’s handling of the crisis that eventually toppled FTX and said he felt “claustrophobic” in their relationship, according to a trove of his unsent tweets and other documents. In writings compiled while he was under house arrest, Bankman-Fried reportedly blamed Ellison, who served as CEO of FTX’s sister cryptocurrency hedge fund Alameda Research, for…

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Billionaire Cuban Loses Ether, RARE, and Other Tokens to Crypto Phishing Scam

Dallas Maverick owner and billionaire technology investor Mark Cuban lost some $870,000 worth of tokens over the weekend after likely clicking on a phishing link after “months of inactivity.” Phishing attacks trick users into divulging sensitive data, downloading malware, and exposing their private information. Such attacks are extremely common in the crypto industry, as users may fail to check the…

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