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The Securities and Exchange Commission’s Public Finance Abuse Unit expanded its efforts in fiscal year 2022, filing 20 enforcement actions in a mix of civil and standalone administrative proceedings that included first ever charges for limited offering exemptions and its first ever charges against a broker dealer for violating a municipal advisor registration rule. The
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Smart contract platform tokens and decentralized finance (defi) protocols have taken a beating since the FTX collapse last week. The market capitalization of all the smart contract platform tokens in existence lost more than $22 billion during the last 36 days. The total value locked (TVL) in defi protocols has dropped to $43 billion, the
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The hacker that exploited the now-bankrupt FTX exchange last week made a tidy fortune that has propelled them to Ether (ETH) whale status. Just a day after the embattled FTX exchange filed for Chapter 11 bankruptcy, its wallets were drained for more than $663 million in various crypto assets, according to blockchain intelligence company Elliptic.
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President Trump is mounting a comeback bid with the hope that the GOP will once again rally behind him just as some Republicans worry nominating him for president for a third time is a recipe for failure at the ballot box. The former president announced the launch of his 2024 presidential campaign from his Mar-a-Lago
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Pothole problems It’s that time of year when the winter weather starts damaging the roads and drivers pay the price of hitting potholes. NEW YORK – U.S. drivers spend nearly $3 billion a year fixing damage caused by potholes, according to AAA. But some states are worse than others. QuoteWizard released its list of the
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After former U.S President Donald Trump announced his bid to contest the 2024 presidential election, German Chancellor Olaf Scholz said he was not very impressed by it. What Happened: Scholz said Trumps announcement was not impressive because it took place after the midterm elections in the U.S., reported Reuters. See Also: Donald Trumps DC Hotel
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Senate Republicans let their fury and frustration out at one another during a lengthy closed-door meeting that revealed the bitter feelings left over from a crushingly disappointing midterm election.  An at-times nasty and personal discussion took place at the Senate GOP lunch, where Senate Minority Leader Mitch McConnell (R-Ky.) and Sen. Rick Scott (R-Fla.), who
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Rishi Sunak has told the UK’s top executives to rein in their pay as their workers face a cost of living crisis — but he criticised demands by nurses for a double digit pay increase. Speaking at the G20 summit in Indonesia, the UK prime minister said: “I would say to executives to embrace pay
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