Latest Market News

May 23
House panel investigating if Rep. Madison Cawthorn improperly promoted a cryptocurrency

The House Ethics Committee said in a statement Monday that it has established an investigative subcommittee that “shall have jurisdiction to determine whether Representative Madison Cawthorn may have: improperly promoted a cryptocurrency in which he may have had an undisclosed financial interest, and engaged in an improper relationship with an individual employed on his congressional […]

May 23
Publication of financial reports: Federal Office of Justice imposes disciplinary fine on SLEEPZ AG

On 29 March 2022, the Federal Office of Justice (Bundesamt für Justiz – BfJ) imposed a disciplinary fine amounting to 50,000 euros on SLEEPZ AG. The disciplinary fine order related to a breach of section 325 of the German Commercial Code (Handelsgesetzbuch – HGB). SLEEPZ AG failed to submit its accounting documents for the financial […]

May 23
Publication of financial reports: Federal Office of Justice imposes disciplinary fine on SLEEPZ AG

On 29 March 2022, the Federal Office of Justice (Bundesamt für Justiz – BfJ) imposed a disciplinary fine amounting to 50,000 euros on SLEEPZ AG. The disciplinary fine order related to a breach of section 325 of the German Commercial Code (Handelsgesetzbuch – HGB). SLEEPZ AG failed to submit its consolidated accounting documents for the […]

May 23
FCA response to Amigo’s scheme being approved by the High Court

The High Court today approved Amigo Loans Limited scheme of arrangement (the scheme) to provide redress to customers who are due it for being mis-sold loans and who raise a complaint. The court-approved scheme is an improvement on last year’s failed proposal and has the support of the Independent Creditors Committee, which was set up […]

May 23
WEF 2022, May 23: Latest updates from the Cointelegraph Davos team

Disclaimer: This article is being updated all day long. All timestamps are in the UTC time zone, with updates in reverse order (the latest update is placed at the top). This year’s World Economic Forum marks the first in-person event since the start of the COVID-19 pandemic. Cointelegraph’s team is on the ground in Davos, […]

May 23
Gold closed higher Monday for third straight session

Gold futures edged higher Monday, booking a third session in a row of gains for the precious metal, as a soaring dollar pulled back from recent highs. Gold for June delivery GCM22, +0.45% GC00, +0.45% added $5.70, or 0.3%, to settle at $1,847.80 an ounce on Comex, after Friday snapping four straight weeks in a […]