SVB Facing Fraud Lawsuit for “Mismanaging Events” Prior to Collapse

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. After getting shut down by regulators on Friday, Silicon Valley Bank got hit with the first shareholder lawsuit alleging the company committed fraud and “mismanaged events” leading up to the collapse. The suit is […]

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Starbucks’s NFT Collection Sells Out in 20 Mins for $200k in a Subdued Market

Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. US coffee giant Starbucks has seen its first set of limited edition NFTs, consisting of a collection of 2,000 digital “Stamps,” sold out in minutes despite the overall sour market conditions. Each priced at […]

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New York AG Sues KuCoin, Claims ETH, LUNA, UST Securities and Commodities

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. This Thursday, New York Attorney General Letitia James filed a lawsuit against the cryptocurrency exchange KuCoin. According to the lawsuit, the company operated as a commodities broker-dealer and securities broker and dealer without properly […]

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