From SVB's CEO selling off shares to supernaturally smacking people in Hong Kong – Here's your March 15 news briefing
Over the weekend, Silicon Valley Bank tanked and was taken over by the FDIC.
Insider trading
Silicon Valley Bank’s CEO sold US$3.6 million in stocks days before its fall – here’s what you need to know
Over the weekend, Silicon Valley Bank tanked and was taken over by the FDIC.
From a Coinbase exec’s arrest to HSBC’s new CCP committee – Here’s your July 22 news briefing
To start off, we’re looking into:
Former Coinbase exec arrested
For the first time ever, federal prosecutors in the US have officially brought charges against business executives for insider trading of cryptocurrency. Usually, these charges are leveled for using insider information to make decisions about stocks, but this time,
US federal prosecutors arrest former Coinbase executive
For the first time ever, federal prosecutors in the US have officially brought charges against business executives for insider trading of cryptocurrency. Usually, these charges are leveled for using insider information to make decisions about stocks, but this time, the charges are related to trading on the blockchain. Manhattan prosecutors
Why did Pfizer’s CEO sell stocks after positive vaccine news?
The sale was structured and timed so that it could not be labeled as “insider trading,” but some were more critical of Pfizer CEO Albert Bourla’s decision to sell, calling it “wholly inappropriate” and “very suspicious.”
The announcement by American pharmaceutical giant Pfizer Inc. and German developer BioNTech SE
Richard Burr steps down as US Senate Intelligence Committee chairman
Republican Senator Richard Burr will step down as chairman of the United States Senate Intelligence Committee after the Federal Bureau of Investigation seized his mobile phone – a move representing a major escalation into the stock trade probe.
Burr, as well as other senators, have been accused of insider trading after
Senators accused of profiteering off COVID-19 information
In March 2020, multiple news sources reported that two United States senators, Richard Burr and Kelly Loeffler, had sold stocks weeks before the severity of the COVID-19 epidemic was publicly revealed to the American people.
Both senators are currently rebuffing calls to resign for what many believe is a case