News & Events

The SEC Took Notice of FTX’s Use of $200 Million in Client Funds for Two Venture Deals 

According to the Securities and Exchange Commission, which accused founder Sam Bankman-Fried of “orchestrating a scheme to defraud equity investors,” of the billions in deposit accounts that vanished from FTX in an instant, $200 million has been used to fund investments in two companies.   The cryptocurrency corporation acquired $100 million in Dave through its FTX…

Why Is Compliance Risk Analysis Important and What Does It Entail? 

What Exactly Are Compliance Risks?   The attempt to develop law-abiding conduct is known as compliance. This comprises adhering to ethical and moral standards, such as those outlined for illustration in the organization’s Code of Conduct, as well as “traditional” compliance with relevant national and international laws and regulations. When a company faces the possibility of…

A Rise in Jobless Claims to 230,000 as the Economy Slows

Original statements for the week ending December 3rd increased to 230,000 from the increase of approximately 226,000 recorded the week before, according to data released by the Labor Department. This is more than the 218,000 average pre-pandemic claims for 2019 in this year. For the week ending Nov. 26, the number of Americans filing ongoing claims—those…

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