Alexander Mashinsky, founder of Celsius Network, received a permanent trading and registration ban following a CFTC consent order after being convicted of fraud. Regulators alleged Celsius misled customers about the safety and profitability of its platform, which attracted about $20 billion in assets before collapsing. Mashinsky pleaded guilty to commodities and securities fraud and was sentenced to 12 years in prison. This marks a significant regulatory crackdown amid ongoing SEC, FTC, and DOJ actions related to Celsius' collapse and misleading claims to investors.
The global telehealth market, valued at $77.4 billion in 2025, is projected to expand to $187.5 billion by 2033, driven by increasing patient demand for virtual care and advances in AI, remote monitoring, and wearable health devices. Companies like R...
The Portnoy Law Firm is investigating Arbor Realty Trust, Inc. for possible securities fraud following the company's October 30, 2026 announcement to suspend its quarterly cash dividend due to financial challenges. This announcement caused Arbor's st...
RUM Group Inc. reported a record quarterly revenue of $96.6 million for Q3 2026, a 290% increase year-over-year, surpassing expectations. Despite this, earnings per share were -$0.19, missing the estimate of -$0.11. The company achieved its first pro...
Richtech Robotics announced its Intelligent Cleaning System at ISSA Show North America 2026, which integrates autonomous cleaning robots with CCTV cameras to enable proactive, targeted cleaning. This system uses real-time data to optimize cleaning ta...
The 2026 Vertex CompOps™ Index reveals that just 16% of enterprises regularly discuss indirect tax at the board level, while 43% only address it when issues arise. Companies with board-level focus on indirect tax are four times less likely to have er...
