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fromIntelligencer
2 weeks ago

Trump's Crypto Cash Grabs Are Getting Weirder

Since the beginning of his second administration, Donald Trump has been pursuing opportunities to make a quick buck in cryptocurrency at nearly every chance he can get. He and his team have already taken care of the obvious stuff, like meme coins and stablecoins and Trump-branded exchange-traded funds, which have earned him billions. So to keep the good times rolling, the Trump crypto brain trust needed to get more creative.
US politics
E-Commerce
fromwww.mercurynews.com
1 month ago

Three charged in plot to boost value of California tech company before SPAC deal

Three men were indicted for engineering a scheme to fraudulently inflate Near Intelligence Inc.'s revenue by $25 million.
Venture
fromTechCrunch
1 month ago

A troubled SPAC plans to buy iRocket for $400M but it already returned most of its cash | TechCrunch

iRocket is attempting to go public via a SPAC deal valued at $400 million despite limited funding and significant challenges.
US politics
fromFast Company
1 month ago

GrabAGun stock price declines after SPAC merger and listing on NYSE

GrabAGun Digital Holdings had a disappointing stock market debut with shares falling 23% on the first trading day.
fromTechCrunch
2 months ago

Faraday Future faces potential SEC enforcement action after three-year probe | TechCrunch

The SEC has sent Wells Notices to Faraday Future’s founder and president indicating impending enforcement actions due to a three-year-long fraud investigation related to their 2021 SPAC merger.
US politics
#bitcoin
more#bitcoin
fromFortune
2 months ago

SPACs are back: This year's crop of blank check companies lack celebrity sponsors, and that's likely a good thing

In 2021, SPACs saw massive involvement, with over 613 blank check companies raised $162.6 billion, but nearly 60% couldn't complete mergers, leading to skepticism.
E-Commerce
NYC startup
fromIrish Independent
2 months ago

Irish businessman Gary Quin hits paydirt with $1bn US bitcoin venture

Columbus Circle Capital is merging with ProCap BTC to create ProCap Financial, aiming to bridge bitcoin and traditional finance.
fromFast Company
5 months ago

Webull stock price update: BULL shares are falling today after a massive surge that followed its SPAC merger

Webull Corporation's shares surged nearly 375% after merging with a SPAC, indicating significant public interest, but premarket trading shows a decline of about 15%.
Startup companies
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