January 16, 2025/US SEC The Securities and Exchange Commission today charged New York blockchain engineer Eric Zhu with perpetrating a fraudulent scheme to defraud investors in the “Game Coin” token (“GME”), a crypto asset that was offered and sold as a security by Game Coin, LLC and its founders. As […]
Author: InvestAdvocate
SEC Charges Two Sigma for Failing to Address Known Vulnerabilities in its Investment Models
Firm ignored material vulnerabilities for years; voluntarily repaid impacted funds and accounts $165 million January 16, 2025/US SEC he Securities and Exchange Commission today announced settled charges against New York-based investment advisers Two Sigma Investments LP and Two Sigma Advisers LP (collectively, Two Sigma) for breaching their fiduciary duties by […]
AFC Earns Top AAAspc Rating from S&P Global (China) Ratings
The Corporation’s Basel II capital adequacy ratio stood at 34.7% as of mid-2024, well above its internal target of 30% January 16, 2025/AFC Africa Finance Corporation, the continent’s leading infrastructure solutions provider, has received the highest issuer credit rating, an AAAspc with a stable outlook, from S&P Ratings (China) Co., […]
