Investors
DUBAI, UAE, Mar 12, 2024 - (ACN Newswire) - Kaskade finance, a gamified incentivization layer protocol, just announced the closure of its pre-seed funding round from over 40 investors. Nathan Lenga, CEO of Kaskade, tabled the MVP to go live in August, and to continue to build a world-class team that will make certain Kaskade Finance is the premier liquidity incentivization layer for all of DeFi. The oversubscribed seed round had participation from over 40 investors, some of which include Marshland, NxGen.xyz, Artemis Capital, Andromeda Capital, Hercules Ventures, 369 Capital, Crypto Oasis Vent...
ACN Newswire
Three investors have been indicted by the Securities and Exchange Commission (SEC) for their plans to make Donald Trump’s Twitter alternative Truth Social live. The three men, Michael and Gerald Shvartsman and Bruce Garelick, violated their insider trading rules confidentiality agreement by making $23 million in October 2021 through illegal trading. Neither Trump, his company nor Trump Media & Technology Group Corp, who owns Truth Social, was accused by the SEC of wrongdoing. Trump was recently indicted on 37 federal counts for illegally retaining classified government documents and storing...
uInterview.com
New York (AFP) - Twitter announced Monday it will pay $809 million to settle a 2016 lawsuit alleging members of the social network's leadership, including founder Jack Dorsey, provided misleading information to investors about slowing user growth. The suit filed by shareholders claimed the defendants, such as former CEO Dick Costolo, did not disclose the full picture of the company's state while they sold their personal stock in Twitter. "The proposed settlement resolves all claims asserted against Twitter and the other named defendants without any admission, concession or finding of any fault...
AFP
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