Token Events

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Former New York Fed examiner: WLFI linked to Trump may issue unregistered securities

On May 8, Lee Reiners, a lecturer at the Duke University School of Law and a former examiner at the New York Federal Reserve Bank, said in a blog post that World Liberty Financial, a decentralized finance agreement closely connected to the Trump family, may have issued unregistered securities, and that the WLFI token should fall under scrutiny by the U.S. Securities and Exchange Commission (SEC). Reiners’ Core Analysis: The Howey Test and WLFI’s Legal Characterization According to Reiners’ blog
WLFI-6.52%
MarketWhisper·12h ago
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American Bitcoin uses an overvalued BTC collateral to buy mining machines, implying a discount of 44%

Listed Bitcoin miner American Bitcoin disclosed in its latest quarterly earnings report that in February, it pledged 314 BTC as collateral and paid Bitmain $49.4 million for 80% of the mining equipment purchase. The deal was valued at $125,900 per BTC, but the actual transaction price at the time was below $70k, meaning ABTC effectively bought the mining equipment at an implied discount of about 44%.
BTC0.99%
MarketWhisper·05-08 01:46
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