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Nov 16 (Reuters) - U.S. crypto investors sued FTX founder Sam Bankman-Fried and several celebrities who promoted his exchange including NFL quarterback Tom Brady and comedian Larry David, claiming they engaged in deceptive practices to sell FTX yield-bearing digital currency accounts. The proposed class action filed on Tuesday night in Miami alleges that FTX yield-bearing accounts were unregistered securities that were unlawfully sold in the United States. When the crypto exchange faltered on liquidity concerns, U.S. investors sustained $11 billion in damages, the lawsuit says. The lawsuit seeks damages from Bankman-Fried and 11 athletes and other celebrities who promoted FTX, including David, the creator of "Seinfeld" and "Curb Your Enthusiasm." Sean Masson, an attorney at Scott+Scott who represents crypto investors in the EMAX case, said investors have used the Florida unfair trade law to target crypto promoters in lawsuits that are pending.

Nov 16 (Reuters) - U.S. crypto investors sued FTX founder Sam Bankman-Fried and several celebrities who promoted his exchange including comedian Larry David, alleging they engaged in deceptive practices to sell FTX yield-bearing digital currency accounts. The proposed class action filed late Tuesday night in Miami alleges that FTX yield-bearing accounts were unregistered securities that were unlawfully sold in the U.S. When the crypto exchange faltered on liquidity concerns, U.S. investors sustained $11 billion in damages, the lawsuit alleges. Representatives for Bankman-Fried, Brady, Osaka and the Golden State Warriors did not immediately respond to requests for comment on Wednesday. FTX filed for bankruptcy and is facing scrutiny from U.S. authorities amid reports that $10 billion in customer assets were shifted from FTX to Bankman-Fried's trading company Alameda Research.

#TaylorSwiftTix” one fan wrote, echoing the frustration of thousands of “Swifties,” the nickname for diehard Swift fans, vying to see their favorite artist in her first concert tour since before the pandemic. Backlash against the ticketing companies has also grown: When a major artist announces a tour, fans inevitably complain on social media about Ticketmaster’s high fees and unchecked scalping. Users shared screenshots of emails from Ticketmaster that said “Your invitation to TaylorSwiftTix Presale powered by Verified Fan.” “You’ve been selected!” the email reads. As for the Swift ticket sales chaos on Tuesday, Ticketmaster urged fans on Twitter to avoid going through its homepage to get tickets. "If you received a code to the TaylorSwiftTix Presale, please login and access the queue through the link you received via text rather than entering through the Ticketmaster homepage," Ticketmaster tweeted.

☆ Check out the 15-page pitch deck that Legion M, a Hollywood production startup, is using to recruit movie fans as investors for as little as $40
▼ + stars: | 2022-11-15 | by ( Reed Alexander | ) www.businessinsider.com time to read: +6 min

Startup production company Legion M is crowdsourcing funds and promising to give movie fans greenlight power. Legion M, founded by Paul Scanlan and Jeff Annison, lets investors buy shares for as little as $40. Legion M now has four films in post-production slated to be released in 2023, the cofounders added. Legion MLegion MLegion MLegion MLegion M'A company with a built-in audience for everything it creates'One slide spells out the potential power of one million fan-investors — as consumers, promoters, and predictors of successful projects. Legion MThe Nicolas Cage film 'Mandy' was an early success for Legion MLegion MLegion MLegion MLegion MLegion M says its annual revenue has surpassed $1 millionLegion MLegion MLegion M

☆ Tax Court Strikes Down IRS Rules on Land-Conservation Deals
▼ + stars: | 2022-11-10 | by ( Richard Rubin | ) www.wsj.com time to read: 1 min

The IRS has tried for several years to boost enforcement of conservation easements. WASHINGTON—The U.S. Tax Court struck down IRS rules requiring taxpayers and promoters to disclose certain land-rights deals to tax authorities, damaging a high-profile agency enforcement initiative. When the Internal Revenue Service and Treasury Department identified so-called syndicated conservation easements as potential tax shelters in 2016, the agencies failed to follow the formal notice-and-comment procedures required for federal regulations, the court ruled Wednesday.

☆ SEC Charges Trade Coin Club Founder, Promoters in $295 Million Bitcoin Fraud
▼ + stars: | 2022-11-04 | by ( Mengqi Sun | ) www.wsj.com time to read: +2 min

The Securities and Exchange Commission filed charges against the founder and three U.S. promoters of Trade Coin Club, alleging the crypto-trading membership club operated as a Ponzi scheme that raised 82,000 bitcoins, valued at $295 million in 2018, from investors around the world. PREVIEWThe Trade Coin Club paid withdrawals from the club with investor deposits, the SEC said. The SEC said the individuals violated federal securities laws and face charges including violations of antifraud, securities registration and broker-dealer registration provisions. The website for Trade Coin Club, which marketed itself as a membership group for trading bitcoin, is no longer accessible. The charges come after SEC Chairman Gary Gensler highlighted the agency’s regulatory initiatives in the crypto sector in a speech this week.

Jerry Lee Lewis, the rock ’n’ roll trailblazer and piano virtuoso who electrified audiences with his raucous, free-wheeling performances but attracted scandal after he married his 13-year-old cousin, died Friday, his publicist said. Jerry Lee Lewis in 1957. He is a defiant, reckless, indefatigable wild man that can rock you into oblivion,” the Rock & Roll Hall of Fame said when he was inducted in 1986. Jerry Lee Lewis with Myra Gale Brown in 1962. Jerry Lee Lewis performs in 1986.

☆ Attack on Iran shrine will not go unanswered - foreign minister
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: +3 min

[1/2] A general view of the Shah Cheragh Shrine after an attack in Shiraz, Iran October 26, 2022. Iranian officials said they had arrested a gunman who carried out the attack at the Shah Cheragh shrine in the city of Shiraz. State media blamed "takfiri terrorists" - a label Tehran uses for hardline Sunni Muslim militants such as Islamic State. Interior Minister Ahmad Vahidi blamed the protests sweeping Iran for paving the ground for the Shiraz attack, and President Ebrahim Raisi said Iran would respond, according to state media. State media said he was not Iranian, but did not give his nationality.

☆ India's regulator bars Bombay Dyeing and others from securities market
▼ + stars: | 2022-10-22 | by ( ) www.reuters.com time to read: +2 min

MUMBAI, Oct 22 (Reuters) - India's Bombay Dyeing and Manufacturing Company Ltd (BDYN.NS) has been barred by the country's capital market regulator from the securities markets for two years. The Securities and Exchange Board of India (SEBI) issued a statement late Friday barring Bombay Dyeing and its "promoters" (owners) - Nusli N Wadia and his sons, Ness and Jehangir - from the securities markets for up to two years. Four companies in the Wadia Group are listed on Indian Stock Exchanges, including Bombay Dyeing. The regulator said it had conducted a detailed investigation into the affairs of Bombay Dyeing from 2011-2012 and 2018-2019. The Wadia Group has been contacted for comment.

☆ Nasdaq halts IPOs of small Chinese companies as it probes stock rallies
▼ + stars: | 2022-10-22 | by ( Echo Wang | ) www.reuters.com time to read: +5 min

The stock exchange operator's actions come amid a surge in the shares of Chinese companies that raise small amounts, typically $50 million or less, in their IPO. Nasdaq started asking the advisers of small Chinese IPO candidates questions in mid-September. Seven sources who work on IPOs of small Chinese companies spoke to Reuters on the condition that neither they nor their clients be identified. LOOPHOLESNasdaq's intervention underscores how liquidity standards it adopted in the last three years to prevent stock manipulation in small IPOs have loopholes that Chinese companies are exploiting. There have been 57 listings of small Chinese companies in the last five years, up from 17 listings in the prior five years, according to Dealogic.

☆ Protesters delay opening of Barcelona real estate fair
▼ + stars: | 2022-10-19 | by ( Nacho Doce | ) www.reuters.com time to read: +2 min

Riot police remove an activist amid a protest at The District real estate fair in Barcelona denouncing the housing crisis and evictions, in Barcelona, Spain, October 19, 2022. REUTERS/Nacho DoceBARCELONA, Oct 19 (Reuters) - Hundreds of activists delayed the opening of an international real estate fair in the northeastern Spanish city of Barcelona on Wednesday as they protested against what they called a hotbed of speculation exacerbating a widening cost of living crisis. Dozens burst into the fairgrounds, chanting slogans and preventing the opening ceremony from taking place before being removed by police. Others gathered outside the building, where they lobbed paint at some of the arriving attendees, Reuters journalists said. The activists held up a banner that read "Let's defend life, let's stop The District" and "Speculators, get out of our neighbourhoods".

☆ 'Making $10k a month is not that hard': How TikTok influencers are luring followers with deceptive promises of side-hustle riches
▼ + stars: | 2022-10-17 | by ( Eve Upton-Clark | ) www.businessinsider.com time to read: +13 min

And some of the dollar amounts passive-income influencers are touting in their posts are eye-popping. Even when the stakes are somewhat lower, passive-income influencers fail to give viewers the full picture. While this method cuts out some of the upfront costs, making money on digital products is still incredibly difficult. Making money as an entrepreneur takes hard work, skill, and a bit of luck — but that message doesn't sell as well. What does sell is the new American dream of making money in your sleep — and side-hustle promoters are more than happy to keep selling it.

☆ A new player in the grocery software startup just raised $10 million to compete in the nearly $150 billion online grocery segment. Check out the 13-page pitch deck that helped Vori secure the deal.
▼ + stars: | 2022-09-25 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Vori raised a $10 million Series A for its grocery-inventory software aimed at indepedent grocers. Roughly a third of US grocery sales happen at independent grocers, but many of these grocers lack the technology of bigger players like Kroger and Walmart. Vori, an inventory-management startup, pitches itself as a solution for those smaller grocers — a position that just helped it raise $10 million. Vori's inventory software provides inventory services to grocers that might only have a few stores, Hill said. "Our customers have been our most active and enthusiastic investors," Hill said.

☆ An appeals court decision against Donald Trump came back to bite MyPillow CEO Mike Lindell in a separate case
▼ + stars: | 2022-09-22 | by ( C. Ryan Barber | ) www.businessinsider.com time to read: +5 min

A judge rejected MyPillow CEO Mike Lindell's request for DOJ to return his seized cellphone. The judge cited an appeals court decision against Trump in his lawsuit over the Mar-a-Lago search. Trump appointed Judge Eric Tostrud, who denied Lindell's bid to get his phone back. Ruling against Lindell, Tostrud did not have to look far to find legal precedent backing up his conclusion that the phone should remain in the Justice Department's hands. Rarely does an appeals court decision so rapidly grow legs that it is cited in a separate case within 24 hours.

☆ How a rusted '60s Beetle is restored and customized
▼ + stars: | 2022-09-22 | by ( Melissa Estrada | ) www.businessinsider.com time to read: +7 min

Cate Culp: So today, we're going to be looking at Paisley, it's a 1960 Euro beetle and this car was built for our charity beetle promotion. Cate: Once it comes back from blast, we make a sort of a full list of the amount of metal work that needs to be done so any replacement panels that we need to purchase to go into metal work. So there was a bit of a bit of a process trying to work out how to engineer that. I think I bring a lot of that into the design work of the cars that we build. But at the end of the day, they're still a beetle, and they still have that same energy.

☆ ‘SPAC King’ Chamath Palihapitiya Closing Two SPACs After Failing to Find Deals
▼ + stars: | 2022-09-20 | by ( Amrith Ramkumar | ) www.wsj.com time to read: 1 min

Chamath Palihapitiya will wind down and return cash from two special-purpose acquisition companies to shareholders after failing to find companies to take public. One of the biggest promoters of SPACs is shutting down two deal-making efforts that together hold more than $1.6 billion after the market collapsed, wiping out tens of billions in startup market value and punishing individual investors. Chamath Palihapitiya will wind down and return cash from the two special-purpose acquisition companies to shareholders after failing to find companies to take public. Giving up is an admission by the brash venture capitalist dubbed the “SPAC king” that the market that helped make him a mainstay on business television has effectively shut down.

☆ What 'quiet quitting' is actually about
▼ + stars: | 2022-09-08 | by ( Aki Ito | ) www.businessinsider.com time to read: +10 min

Now, everyone and their mother has an opinion about "quiet quitting," whatever it is. Quiet quitting isn't about quitting our jobs. Slacking off vs. work-life balanceMuch of the debate around quiet quitting revolves around the definition of what it actually is. How should I feel about coworkers who are quiet quitting if I end up having to take up the slack? In a self-help sense, quiet quitting is only the first step on the road to fulfillment.

A self-directed IRA (SDIRA) is a kind of retirement account that allows you to invest in assets that are off-limits to regular IRAs. You directly manage your self-directed IRA, and so are responsible for researching your investments and their tax consequences. If that sounds like you, a self-directed IRA (SDIRA) might be worth a closer look. Self-directed IRAs (SDIRAs) are structured like standard IRAs, with the same contribution limits, distribution rules, and tax advantages. That's not always the case with SDIRA assets, and your capital could be tied up in assets you no longer want.

☆ Capital One SavorOne Rewards for Good Credit card review: You don't need excellent credit to earn 3% cash back on dining, groceries, entertainment, and streaming services
▼ + stars: | 2022-07-01 | by ( David Mcmillin | Read More | Read Less | ) www.businessinsider.com time to read: +24 min

There's the Capital One Savor Cash Rewards Credit Card , the Capital One SavorOne Cash Rewards Credit Card, the Capital One SavorOne Student Cash Rewards Credit Card, and finally the Capital One SavorOne Cash Rewards for Good Credit. There's another redemption option if you also have a Capital One credit card that earns miles, like the aCapital One Venture Rewards Credit Card or Capital One Venture X Rewards Credit Card. SavorOne for Good Credit benefits and featuresThe Capital One SavorOne Cash Rewards for Good Credit is fairly low-frills in terms of extra benefits. As the card's name implies, you'll need at least a good credit score to be approved for the Capital One SavorOne Cash Rewards for Good Credit. If you wouldn't otherwise be approved for the regular Capital One Savor Cash Rewards Credit Card or Capital One SavorOne Cash Rewards Credit Card because your credit is on the lower side of good, the Capital One SavorOne Cash Rewards for Good Credit is worth considering.

☆ Say goodbye to paper money — banks are quietly working to get rid of cash
▼ + stars: | 2022-06-14 | by ( Brett Scott | ) www.businessinsider.com time to read: +15 min

A payments system without cash is one dependent on banks that are prone to financial crises, systems failure, and cyberattacks. The digital chips promise you government-issued dollar bills, and that promise is empty if you can't get those from the ATM. Despite how crucial it is to maintain an inclusive, multimodal payments system with nonbank and non-digital options, our payments system is being driven toward a monoculture. Ads for digital payments don't say, "Enjoy the speed, convenience, surveillance, cyber-hacking, exclusion, and critical infrastructure weaknesses that our platform brings," yet that is what lies beneath the surface-level slickness of digital payments. The world's most vulnerable people rely on the already existing, physical cash system, and our priority should be to protect that system.

☆ Paris Hilton wants to be the ‘Queen of the Metaverse’
▼ + stars: | 2022-05-27 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +10 min

Paris Hilton has arrived. On New Year’s Eve, she DJed a live set in the same virtual world, playing as her avatar. It also includes her production company Slivington Manor Entertainment – which is behind TV projects including “Cooking with Paris” and “Paris Hilton in Love” – and her podcast company London Audio. Paris Hilton attends the 64th Annual Grammy Awards in her "Queen of the Metaverse" dress Frazer Harrison/The Recording Academy/Getty ImagesOther celebrities including Snoop Dogg, Lindsay Lohan and Shawn Mendes have launched their own NFTs. Earlier this month, Hilton visited the White House to discuss new legislation aimed protecting children in such programs.

☆ Election-technology company Smartmatic files $2.7 billion lawsuit against Fox News over election conspiracy theories
▼ + stars: | 2021-02-04 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

Smartmatic filed a $2.7 billion lawsuit against Fox News over election conspiracy theories. The company accused Fox News of waging disinformation campaigns about its role in the 2020 election. "In November and December 2020, Fox News broadcast multiple reports stating and implying that Smartmatic had fixed and rigged the 2020 election," the company said in a press release. Joe Biden and Kamala Harris won the 2020 election for President and Vice President of the United States," the lawsuit began. In the lawsuit, Smartmatic said it had arrived at the $2.7 billion figure by adding economic damages to the company and punitive damages it was seeking.

☆ The EU and the “changing” Eastern neighborhood - between “post-factum diplomacy” and realpolitik, Analysis by Dionis Cenușă
▼ + stars: | 2020-11-14 | by ( ) www.ipn.md time to read: +21 min

The EU and the “changing” Eastern neighborhood - between “post-factum diplomacy” and realpolitik, Analysis by Dionis CenușăOp-EdThe diversity of realities in Eastern Europe requires from the EU a "differentiated diplomacy" which emerges from the dynamics of local and external factors, dominant in the region ...Dionis Cenuşa, Senior ContributorThe European strategy for the Eastern Neighborhood is losing ground to the ever-changing reality. It is these shortcomings that define European diplomacy of post-factum, which remains relevant in 2020. First of all, Russia has structural levers that can influence the situation on the ground in the Eastern Partnership states. Instead, the emphasis of Westerners is on calming the political situation, without encouraging the opposition to annul the results of the parliamentary elections. Dionis Cenuşa, Senior Contributor Dionis Cenuşa, Senior ContributorAreas of research: European Neighborhood Policy, EU-Moldova relationship, EU's foreign policy and Russia, migration and energy security.

Persons: Cenușă, Dionis Cenuşa, Volodymyr Zelensky, Zelensky, Maia Sandu's, Fiasco, Igor Dodon, Maia Sandu, Vladimir Putin, oligarch Bidzina, Ivanishvili, Nikol, ”, Ilham Aliyev's, Alexander Lukashenko, Lukashenko, Hanns Seidel Organizations: EU, European People's Party, Social Democrats, Eastern Partnership, Eastern, Constitutional, Socialist, OSCE, Moldovan, Russian, Hanns Seidel Foundation, IPN Press Agency, Policy, Institute of Political Sciences, Liebig, Justus University, College of Europe, Twitter Locations: Eastern Europe, EU, Belarus, Nagorno, Karabakh, Brussels, Moldova, Georgia, Ukraine, Russian, Russia, Armenia, Azerbaijan, Chisinau, Moldovan, Turkey, South Caucasus, Yerevan, Moscow, Baku, Turkish, Azerbaijani, Iran, Ankara, Minsk, Belarusian, Giessen, Germany

☆ Farmaceuticals: Vets face pressures to prescribe
▼ + stars: | 2014-09-15 | by ( Brian Grow | Reuters Graphic | ) www.reuters.com time to read: +29 min

The feed tickets examined represent a fraction of the tens of thousands issued annually to poultry farms run by or for major producers. Some of its feed has contained low levels of one antibiotic, feed tickets show. REUTERS/Randall Hill MODERN BARN: Nearly 20,000 broiler chicks are housed inside a Foster Farms chicken ranch in Stanislaus County, California. As the CDC studied what investigators informally called the “Foster Farms Outbreak,” researchers soon made a troubling discovery. Reuters asked to see Foster Farms’ feed tickets from that period; the company didn’t respond to that request.

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