SEC Charges 8 Social Media Influencers Over Securities Fraud

By Habiba Rashid
According to the SEC, the accused used Twitter and Discord to carry out a securities fraud scheme, garnering approximately $114 million from it.
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UiPath files confidential IPO paperwork with SEC

UiPath, the robotic process automation startup that has been growing like gangbusters, filed confidential paperwork with the SEC today ahead of a potential IPO. “UiPath, Inc. today announced that it has submitted a draft registration statement on a confidential basis to the U.S. Securities and Exchange Commission (the “SEC”) for a proposed public offering of […] Continue reading UiPath files confidential IPO paperwork with SEC

Gambling Firm Anticipates Spending up to $100 Million in Recovery from Cyber Incident

SBTech, a provider of interactive sports betting solutions and services, has set aside up to $100 million to fix a mess left when a cybersecurity incident hit right in the midst of a merger. In a filing with the U.S. Securities and Exchange Commission … Continue reading Gambling Firm Anticipates Spending up to $100 Million in Recovery from Cyber Incident

SEC Suspends CoronaVirus Stock Pump-n-Dump Scammers

Last month we shared information on the blog about spam-driven affiliate programs who were selling a variety of shady “anti-Coronavirus” products, including immunity oils, masks, disinfectants, and no-touch thermometers. (See: CAUCE Spamfighters R… Continue reading SEC Suspends CoronaVirus Stock Pump-n-Dump Scammers

IEX’s Katsuyama is no flash in the pan

When you watch a commercial for one of the major stock exchanges, you are welcomed into a world of fast-moving, slick images full of glistening buildings, lush crops and happy people. They are typically interspersed with shots of intrepid executives veering out over the horizon as if to say, “I’ve got a long-term vision, and […] Continue reading IEX’s Katsuyama is no flash in the pan

Rating: How Current Cybersecurity Issues Can Affect Future Profitability

Fallout from Equifax’s 2017 data breach continues to impact the company even years later. Moody’s Investor Service, a bond credit rating business, lowered Equifax’s rating outlook from stable to negative, which indicates a higher likelihood of a ratin… Continue reading Rating: How Current Cybersecurity Issues Can Affect Future Profitability