US Regulators File Charges Against Apple Insider Trading Lawyer, for Insider Trading

The job of a top lawyer at Apple Inc. was to ensure that no employees violate the company’s insider-trading policies. It turned out that he was the one who was trading Apple Shares illegally, according to US regulators. The US Securities and Exchange Commission (SEC) filed a lawsuit against Gene Daniel Levoff, who served as Apple’s senior director of corporate until September 2018 and was also a part of the company’s disclosure committee. According to the filing, Levoff exploited his well-placed position to manage his Apple shares trading privately. He would gain access to the company’s periodic earnings results and draft public

The post US Regulators File Charges Against Apple Insider Trading Lawyer, for Insider Trading appeared first on CCN

News – CCN

Florida Bitcoin Trader Faces Felony Charges for Selling Crypto to Undercover Police

It’s a case of police entrapment that goes beyond the pale. After a ruling Wednesday by the U.S. Third District Court of appeals, a Florida man will have to face a trial by jury over felony charges in Miami for selling bitcoin to undercover police. Felony Charges for a Victimless Crime? “Espinoza’s bitcoins-for-cash business requires him to register as a payment instrument seller and money transmitter” under Florida financial statutes, the court ruled Wednesday, adding that he was “not merely selling his own personal bitcoins, he was marketing a business.” Now he’ll face serious felony charges for money laundering as

The post Florida Bitcoin Trader Faces Felony Charges for Selling Crypto to Undercover Police appeared first on CCN

News – CCN

Dow Wobbles Midday as Huawei Criminal Charges Threaten U.S.-China Trade Talks

Stocks were off to a tepid start Tuesday after criminal charges against Huawei and one of its leading executives threatened to undermine U.S.-China trade negotiations. Positive earnings surprises helped to smooth out the volatility as investors kept an eye on the Federal Reserve’s policy meeting in Washington. Dow Pares Gains as Stocks Move Mostly Lower The Dow Jones Industrial Average managed to pare opening losses and even gained as much as 146 points through the morning session. However, the blue-chip index has since given up all its gains to trade virtually flat at 24,526.72. Dow futures had traded lower during

The post Dow Wobbles Midday as Huawei Criminal Charges Threaten U.S.-China Trade Talks appeared first on CCN

News – CCN

TIL US and the EU cut Iran off from the payments system.SWIFT, the electronic payments system headquartered in Brussels refused to cooperate, saying that it should not be used as a tool of politics. But the EU threatened the board and senior SWIFT executives with criminal charges, and SWIFT folded.

TIL US and the EU cut Iran off from the payments system.SWIFT, the electronic payments system headquartered in Brussels refused to cooperate, saying that it should not be used as a tool of politics. But the EU threatened the board and senior SWIFT executives with criminal charges, and SWIFT folded. submitted by /u/MakeTotalDestr0i
[link] [comments]

Bitcoin – The Currency of the Internet