Chris Larsen, Ripple's co-founder, invested in American Perpetuals Exchange Corp. (APEC), a derivatives startup founded by Senator Kirsten Gillibrand's son, Theodore Gillibrand. APEC raised $30 million, valuing it at $300 million, and plans to offer perpetual futures for equities, seeking approval from the Commodity Futures Trading Commission (CFTC). Senator Gillibrand is actively involved in shaping crypto and derivatives legislation, raising ethical concerns due to her son's business ties and Larsen's investment. The startup's success could set regulatory precedents benefiting crypto platforms pushing for similar products in the US market.
Grabar Law Office is investigating claims against officers and directors of First Solar, Hub Group, Navan, and ZoomInfo for alleged breaches of fiduciary duties and securities fraud. The investigations focus on misleading statements and omissions rel...
A longtime ENS delegate, Alex Netto, has criticized a governance proposal that would shift operational control from the ENS DAO to the ENS Foundation, warning it could mark the downfall of the Ethereum Name Service as a decentralized project. The pro...
Kuehn Law is investigating Five9, Inc. officers and directors for allegedly misleading shareholders by misrepresenting the company's business strength and bookings. The lawsuit claims Five9 overstated its new business growth and failed to disclose ch...
President Donald Trump stated in a CNBC interview that Federal Reserve Chairman Kevin Warsh must do what is necessary despite facing a 'hostile' Fed board. Trump declined to give specific advice following the latest U.S. jobs report but emphasized Wa...
Chinese inventors Xie Yinghao and Yu Haijun won the European Inventor Award 2026 for their innovative process that recycles spent lithium-ion batteries into high-quality cathode materials. Their technology recovers over 96% of key metals like lithium...
