Search Results for: Vest Financial
Emergency action filed against a $1.7 billion unregistered digital token offering
October 15th, 2019
The Securities and Exchange Commission announced that it has filed an emergency action and obtained temporary restraining order against two offshore entities conducting an alleged unregistered, ongoing digital token offering in the U.S. and overseas that has raised more ...
The world’s most-used cryptocurrency isn’t Bitcoin
October 4th, 2019
What’s the world’s most widely used cryptocurrency? If you think it’s Bitcoin, which accounts for about 70% of all the digital-asset world’s market value, you’re probably wrong. While concrete figures on trading volumes are hard to come by in ...
An Inflationary Depression
October 4th, 2019
Financial markets are ignoring bearish developments in international trade, which coincide with the end of a long expansionary phase for credit. Both empirical evidence from the one occasion these conditions existed in the past and reasoned theory suggest ...
Teenage trader lost £500,000 as he
led luxury lifestyle with supercars
October 3rd, 2019
A teenager who drove luxury cars while claiming to be a millionaire trader lost £500,000 of investors’ cash and has been reported to authorities. Morgan Reeve, from Hunstanton, set up Morgan FX Limited in July last year and bragged ...
iSignthis announced annualised Paydentity GPTV exceeds A$1.9bn in Sept 2019
October 3rd, 2019
iSignthis has issued an announcement to present further operational update as at 30th September 2019. In accordance the announcement: The Paydentity™ Ecosystem is progressively providing more features and capabilities to our EU based business customers. It gives me great ...
UPDATE: European stocks reversed early losses to trade higher on Monday
September 30th, 2019
European stocks reversed early losses to trade higher on Monday, with market focus attuned to developments in the U.S.-China trade war. The pan-European Stoxx 600 edged up by around 0.4% during mid-afternoon trade, with construction and material stocks gaining ...
$125 million offering fraud; ongoing international trading program
September 20th, 2019
The Securities and Exchange Commission (SEC) announced that it has filed an emergency action and obtained a temporary restraining order and asset freeze against three individuals and three entities in connection with an alleged fraudulent, ongoing international trading program ...
Measuring Recession
September 20th, 2019
Using nominal GDP, or GDP deflated by the CPI, as the principal guide to the state of the economy is a common mistake which will eventually prove very costly. Having convinced themselves that GDP measures economic progress, government ...
From trash to treasure: the growing illegal waste trafficking market
September 20th, 2019
It’s well known there’s always two sides of a story, if not more, but we all agree that waste management is an important issue as waste has a huge negative impact on the natural environment. On the top of ...
Raid on Chinese-manned firm exposes cryptocurrency scam
September 17th, 2019
Philippines local authorities acting on a tip from the Chinese government have uncovered what could be a growing online investment scam hiding behind a fledgling industry based in one of the country’s special economic zones. This was after government ...