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Judge Breyer threw out the year-long Twitter shareholder lawsuit against Elon Musk, which accused him of cheating other shareholders. San Francisco’s US District Judge Charles Breyer has dismissed the shareholder lawsuit against Elon Musk challenging the Twitter buyout. On Monday, Breyer ruled that the context in which Musk sustained the suit lacked standing. According to
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“Our government invited us and others to step up, and we did,” JPMorgan CEO Jamie Dimon said. Crypto fans may know Dimon as one of the highest-profile advocates of “blockchain” and long-time bitcoin critic. First Republic’s failure is second only to Washington Mutual, which failed during the Great Financial Crisis
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Credit Suisse’s Buyout Shows Banks Still Have a Banking Problem Source
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Troubled DeFi stablecoin exchange mStable has been searching for a buyer after its founder announced he would leave at the end of March. Source
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The cryptocurrency exchange Zipmex is the focus of a new probe by the Securities and Exchange Commission (SEC) of Thailand for a breach of local rules. A Bloomberg report revealed that local authorities are looking into activities that they believe may violate business rules for digital asset service providers. This includes
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2022 continues to be a year of surprises, with one of the biggest so far being Elon Musk’s decision to acquire social media juggernaut Twitter for a whopping $44 billion. While the takeover has set into motion a whole host of debates — particularly those pertaining to Big Tech censorship
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The vote comes two weeks after a filing that showed Telsa CEO Musk had sent a second letter calling off his acquisition efforts. Musk initially offered to acquire Twitter in April, backed out the following month citing concerns about the number of fake accounts on the platform, and then sent
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Beleaguered crypto lender Voyager Digital Holdings says it has received a number of “higher and better” buy-out offers than that offered by AlamedaFTX back in July, contrary to the investment firm's continued public statements. The company has also just been cleared to return $270 million of customer funds held at the Metropolitan
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Crypto lending platform Nexo said it's preparing an offer to acquire Celsius after the targeted company froze withdrawals and transfers this morning. Source
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Upon completion of the transaction, Twitter will become a privately held company. Source
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