Five US states order halt to NFT sales by metaverse casino with alleged Russia ties

Regulators in five states simultaneously filed emergency orders Wednesday against a virtual casino they say has ties to Russia and that has been operating in the metaverse, a digital world where participants can interact with each other, purchase products and even gamble. State law enforcement officials say Flamingo Casino Club’s operators failed to disclose its … Read more

Five US states order halt to NFT sales by metaverse casino with alleged Russia ties

Regulators in five states simultaneously filed emergency orders Wednesday against a virtual casino they say has ties to Russia and that has been operating in the metaverse, a digital world where participants can interact with each other, purchase products and even gamble. State law enforcement officials say Flamingo Casino Club’s operators failed to disclose its … Read more

Archegos Founder Bill Hwang and CFO Charged With Securities Fraud

Archegos Capital Management founder Bill Hwang and chief financial officer Patrick Halligan have been indicted on charges of securities fraud, wire fraud and racketeering, federal prosecutors in Manhattan said Wednesday. Prosecutors alleged the men took part in interrelated schemes to unlawfully manipulate the prices of stocks and to defraud leading global investment banks and brokerages. … Read more