FTT

Bragar Eagel & Squire, P.C. Is Investigating Fox, FTX, RH, and Charles River and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, March 23, 2023

Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.

Key Points: 
  • Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
  • In November and December of 2020, Fox News broadcasted reports stating that the U.S. election was rigged.
  • Fox News specifically called out Smartmatic and Dominion Voting Systems, voting technology and software companies, for their alleged involvement in rigging the election.
  • On this news, shares of Charles River fell by as much as 15% in intraday trading on the same day.

Bragar Eagel & Squire, P.C. Is Investigating FTX, G-III, Bright Green, and CCSI and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, March 18, 2023

Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.

Key Points: 
  • Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
  • Additional information about each case can be found at the link provided.
  • On the above news, the price of FTT has fallen sharply on unusually heavy trading volume.
  • On this news, Bright Green’s stock price fell $0.56 per share, or 15.56%, to close at $3.04 per share on June 3, 2022.

FTX Debtors Publish Second Presentation for Stakeholders

Retrieved on: 
Thursday, March 2, 2023

WILMINGTON, Del., March 2, 2023 /PRNewswire/ -- FTX Trading Ltd. and its affiliated debtors (together, the "FTX Debtors") announced that they met with the Official Committee of Unsecured Creditors (the "UCC") in their chapter 11 cases this morning and shared a presentation that will be filed on the docket in the chapter 11 cases today.  The presentation describes for the first time publicly the magnitude of the shortfalls discovered in the fiat bank accounts and digital asset wallets associated with the FTX.com and FTX.US exchanges.

Key Points: 
  • "This is the second in what the FTX Debtors anticipate will be a series of presentations as we continue to uncover the facts of this situation," said John J. Ray III, the Chief Executive Officer and Chief Restructuring Officer of the FTX Debtors.
  • The presentation describes the steps taken by the FTX Debtors to identify and inventory the wallets associated with the FTX.com and FTX.US exchanges.
  • The presentation updates the information concerning the total amount of "liquid assets" at the FTX Debtors and their debtor and non-debtor subsidiaries disclosed on January 17, 2023.
  • The FTX Debtors believe the transparency provided through these presentations is important for stakeholders and the public, and to ensure that all stakeholders have roughly contemporaneous access to the preliminary information as it develops.

ForUsAll partners with CoinDesk Indices to increase retirement savings among younger workers

Retrieved on: 
Thursday, March 2, 2023

NEW YORK, March 2, 2023 /PRNewswire/ -- ForUsAll, a modern small business 401(k) provider, today announced that employees will soon be able to invest part of their 401(k) directly into the constituents of the CoinDesk Market Select Index (CMIS). This option will provide 401(k) investors the freedom to create diversified portfolios using some of the largest and most liquid digital assets. This is the first index-based digital asset offering available on a 401(k) platform in the United States.

Key Points: 
  • ForUsAll was the first retirement provider to offer 401(k) investors direct access to cryptocurrencies.
  • Like many institutional investors, they believe blockchain is a potentially transformative technology," said David Ramirez, CFA, CEO of ForUsAll.
  • "While new regulations make it easier for employers to offer 401(k)s, getting younger workers to save is harder than ever.
  • To bring this solution to market, ForUsAll has partnered with CoinDesk Indices (CDI), the leading provider of digital asset indices and creator of the Digital Asset Classification Standard (DACS) .

HeightZero and CoinDesk Indices Partner to Bring Index-Based Digital Asset Exposure to Financial Advisors

Retrieved on: 
Tuesday, February 7, 2023

NEW YORK, Feb. 7, 2023 /PRNewswire-PRWeb/ -- HeightZero, a cutting-edge turnkey digital asset management platform (TDAMP), today announced the availability of the CoinDesk Large Cap Select Index (DLCS) within their offering. The DLCS index will allow investment advisors, an industry with over $128T in managed assets (1), to easily provide their clients with direct exposure to a wide array of crypto assets in a secure, scalable, and transparent framework.

Key Points: 
  • NEW YORK, Feb. 7, 2023 /PRNewswire-PRWeb/ -- HeightZero , a cutting-edge turnkey digital asset management platform (TDAMP), today announced the availability of the CoinDesk Large Cap Select Index (DLCS) within their offering.
  • "These crypto indices can provide financial advisors access to a thoughtfully designed, diversified portfolio of assets, rather than having to pick and choose specific coins and tokens.
  • To bring this solution to market, HeightZero has partnered with CoinDesk Indices , the leading provider of digital asset indices (3) and creator of the DLCS index, and BitGo , a pioneer in delivering institutional grade custody solutions for the digital asset economy.
  • "We are thrilled about the partnership with HeightZero to enable access to the investable, large cap digital asset market."

SupraFin Launches Institutional Quality Crypto Risk Scores/Ratings

Retrieved on: 
Tuesday, February 7, 2023

"We have been involved in the crypto industry since 2018, and since then, we have developed crypto risk scores/ratings that we use in our crypto risk models to recommend crypto baskets through the SupraFin wealthtech platform.

Key Points: 
  • "We have been involved in the crypto industry since 2018, and since then, we have developed crypto risk scores/ratings that we use in our crypto risk models to recommend crypto baskets through the SupraFin wealthtech platform.
  • We launched SupraFin's crypto risk scores to provide additional crypto intelligence to ETP creators, funds, risk management groups, asset management companies, payment companies, and regulators involved in the crypto industry," says Liliana Reasor , President at SupraFin USA, Inc.
    SupraFin's crypto risk scores are comprehensive as they incorporate all the risks related to cryptocurrencies, not just market risk.
  • Click here to get an overview of SupraFin's crypto risk scores and a free API key to access SupraFin's risk scores.
  • On February 1st, 2023, SupraFin hosted a private event at Crypto Club Global's Blacks Club in Soho, London, to announce the launch of SupraFin's crypto risk scores.

Lyons Launches Lyons CoinDesk Large Cap Select Index SMA

Retrieved on: 
Wednesday, February 8, 2023

Lyons Wealth Management clients can now access digital assets in a secure and transparent manner through the Lyons CoinDesk Large Cap Select Index SMA .

Key Points: 
  • Lyons Wealth Management clients can now access digital assets in a secure and transparent manner through the Lyons CoinDesk Large Cap Select Index SMA .
  • Lyons has partnered with CoinDesk Indices, the leading provider of digital asset indices, and Height Zero, a cutting-edge, turn-key digital asset management platform (TDAMP) to deliver this solution to their clients.
  • "We believe in responsible portfolio allocations to digital assets, and that now is an opportunity," said Sander Read, CEO, Lyons Wealth Management LLC.
  • The underlying index is the CoinDesk Large Cap Select Index (DLCS) , which is designed to measure the market capitalization weighted performance of some of the largest and most liquid digital assets that meet pre-defined trading and custody requirements as specified in the documented methodology.

Pomerantz Law Firm Announces the Filing of a Class Action Against Gemini Trust Company, LLC and Certain Officers

Retrieved on: 
Saturday, February 4, 2023

NEW YORK, Feb. 04, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Gemini Trust Company, LLC, and certain officers.

Key Points: 
  • NEW YORK, Feb. 04, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Gemini Trust Company, LLC, and certain officers.
  • The class action, filed in the Supreme Court of the State of New York, County of New York, and docketed under Index No.
  • If you invested in Gemini Earn or otherwise purchased GIAs and were harmed thereby, a copy of the Complaint can be obtained at www.pomerantzlaw.com .
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.

Bragar Eagel & Squire, P.C. Is Investigating Fox, DLocal, FTX, and Credit Acceptance and Encourages Investors to Contact the Firm

Retrieved on: 
Monday, January 30, 2023

Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.

Key Points: 
  • Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
  • In November and December of 2020, Fox News broadcasted reports stating that the U.S. election was rigged.
  • Fox News specifically called out Smartmatic and Dominion Voting Systems, voting technology and software companies, for their alleged involvement in rigging the election.
  • The CFPB stated Credit Acceptance violated New York usury laws on interest-rate limits and other consumers and investor-protection laws.

Pomerantz Law Firm Announces the Filing of a Class Action Against Gemini Trust Company, LLC and Certain Officers

Retrieved on: 
Friday, January 20, 2023

NEW YORK, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Gemini Trust Company, LLC, and certain officers.

Key Points: 
  • NEW YORK, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Gemini Trust Company, LLC, and certain officers.
  • The class action, filed in the Supreme Court of the State of New York, County of New York, and docketed under Index No.
  • If you invested in Gemini Earn or otherwise purchased GIAs and were harmed thereby, a copy of the Complaint can be obtained at www.pomerantzlaw.com .
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.