SEC fines DCG and Michael Moro

The SEC today filed cease and desist proceedings against Digital Currency Group (DCG) and fined the company $38 million. The agency further fined former Genesis CEO Soichiro “Michael” Moro $500,000. This is potentially the SEC’s final enforcement action before Gary Gensler resigns next week. The SEC finally settles with DCG Digital Currency Group (DCG) has…

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2 Artificial Intelligence (AI) Electric Vehicle Stocks to Buy With $500. If Certain Wall Street Analysts Are Right, They Could Soar as Much as 60% and 119%.

The market has just experienced two superb years, 2023 and 2024, where the S&P500 soared more than 53% in total, mainly driven by technology and artificial intelligence (AI) stocks. Although 2025 started with some turbulence, many strategists still believe the market will rise again this year and that the tech and AI rally still has…

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Crypto Exchange Upbit faces suspension due to KYC violations

South Korea’s largest crypto exchange Upbit has reportedly received a suspension notice from the Financial Services Commission (FSC) for allegedly violating anti-money laundering (AML) and know-your-customer requirements (KYC). Upbit faces suspension of up to 6 months Thursday, the economic newspaper Maeil reported that South Korea’s Financial Intelligence Unit (FIU) has notified crypto exchange Upbit of…

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