Volkswagen is now under investigation by the US SEC in regard to its April fool s prank of changing their name to Voltswagen.
Last month, Volkswagen pulled a marketing stunt by putting out a fake press release indicating that the company will be changing its name to Voltswagen in America.
According to media reports, the failed April fool s prank has now attracted the attention of the US Security & Exchange Commission (SEC).
The SEC is now reported to have opened an enquiry on the US subsidiary of the Volkswagen Group. The commission will be investigating a possible influence in the share price of Volkswagen caused due to the marketing stunt.
Kryptoin Refiles Its Bitcoin Application with the SEC April 20, 2021
As Canada cemented its lead in the emerging cryptocurrency space by approving three Ethereum ETFs last week, major assets managers are looking ahead by filing, or in some cases refiling, for Bitcoin-based exchange traded funds.
Delaware-based investment advisory firm Kryptoin recently became the latest asset management firm to make such a move, last week refiling for a Bitcoin-based ETF with the U.S. Security Exchange Commission. In updating its 2019 ETF application for SEC, the asset manager’s prospectus now indicates that, if approved, the “Kryptoin Bitcoin ETF Trust” would be listed on the CBOE BZX Exchange, as opposed to the New York Stock Exchange.
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