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Genesis reaches $21 million SEC settlement in bankruptcy wind-down - Vimarsana News

Genesis reaches $21 million SEC settlement in bankruptcy wind-down

Crypto lender Genesis Global has settled a U.S. Securities and Exchange Commission lawsuit over its defunct Gemini Earn lending program, agreeing to a $21 million fine that will be paid only if Genesis is able to fully repay customers in its bankruptcy. The deal will help Genesis avoid the costs and risks of defending itself from an SEC lawsuit that had accused the company of illegally selling securities. The settlement will allow Genesis to focus on repaying customers and other creditors, accor

Source: aol.com
Meta Just Declared Its First Dividend. Here's What Investors Should Know. - Vimarsana News

Meta Just Declared Its First Dividend. Here's What Investors Should Know.

Meta stock is up after the company reported Q4 earnings. Is the stock a buy right now?

Source: yahoo.com
Genesis reaches $21 million SEC settlement in bankruptcy wind-down - Vimarsana News

Genesis reaches $21 million SEC settlement in bankruptcy wind-down

Crypto lender Genesis Global has settled a U.S. Securities and Exchange Commission lawsuit over its defunct Gemini Earn lending program, agreeing to a $21 million fine that will be paid only if Genesis is able to fully repay customers in its bankruptcy. The deal will help Genesis avoid the costs and risks of defending itself from an SEC lawsuit that had accused the company of illegally selling securities. The settlement will allow Genesis to focus on repaying customers and other creditors, according to documents filed in U.S. Bankruptcy Court in Manhattan on Wednesday evening.

Source: yahoo.com
Brokers Set Expectations for Meta Platforms, Inc.'s FY2025 Earnings (NASDAQ:META) - Vimarsana News

Brokers Set Expectations for Meta Platforms, Inc.'s FY2025 Earnings (NASDAQ:META)

Meta Platforms, Inc. (NASDAQ:META – Free Report) – Equities research analysts at Wedbush upped their FY2025 EPS estimates for Meta Platforms in a research note issued on Wednesday, January 24th. Wedbush analyst S. Devitt now anticipates that the social networking company will earn $18.82 per share for the year, up from their prior forecast of […]

Source: wkrb13.com
Alphabet, Meta ad sales in Q4 unlikely to reflect AI investments - Vimarsana News

Alphabet, Meta ad sales in Q4 unlikely to reflect AI investments

Despite the hype around generative AI, Meta and Google will report Q4 results that won’t show AI’s impact