LeapRate Staff
LeapRate Analyst
sec building
October 22, 2018 BY LeapRate Staff

SEC halts trading in American Retail Group over false crypto claims

The U.S. Securities and Exchange Commission today suspended trading in the securities of a company amid questions surrounding its statements about partnering with a claimed SEC-qualified custodian for use with cryptocurrency transactions and a purportedly registered public offering of preferred stock. The SEC’s trading suspension order says that two August 2018 press releases issued by Nevada-based American…

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swissquote ico
October 22, 2018 BY LeapRate Staff

Swissquote becomes first bank to enable its clients to buy ICO tokens

Leading online Swiss bank Swissquote Group Holding SA (SWX:SQN) has announced that it has become the first bank worldwide to offer its clients the opportunity to participate in Initial Coin Offerings (ICOs). ICOs are a new way for companies to raise money via crowdfunding using blockchain technology. This opens new opportunities for Swissquote clients to…

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playtech offices
October 22, 2018 BY LeapRate Staff

Boussard & Gavaudan sells down Playtech stake from 9.1% to 4.8%

LeapRate has learned via regulatory filings that Paris based asset manager Boussard & Gavaudan has sold down its equity position in online gaming and financial trading company Playtech PLC (LON:PTEC) from 9.1% to 4.8%. Boussard & Gavaudan holds its entire Playtech stake in the form of CFDs. Its 15.28 million Playtech CFDs are worth approximately £67.7 million…

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Bitcoin scam
October 18, 2018 BY LeapRate Staff

Bitcoin Ponzi scheme results in $2.5M fine to Gelfman Blueprint and CEO Nicholas Gelfman

The CFTC has announced that a New York federal court has ordered New York corporation Gelfman Blueprint, Inc. (GBI) and its Chief Executive Officer Nicholas Gelfman of Brooklyn, New York, to pay in total over $2.5 million in civil monetary penalties and restitution in what was the first anti-fraud enforcement action involving Bitcoin filed by the CFTC. James McDonald,…

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Bitcoin
October 18, 2018 BY LeapRate Staff

Reasons why Bitcoin should be in your investment portfolio

The following article was written by Joshua Marcus M. Bautista, Paxful Copywriter. Nowadays, Bitcoin is all over the internet, may it be the news or the blog posts you read. If you’ve considered yourself an investor in mind, body, and heart, then you’ve definitely heard of bitcoins and the potential they possess! In fact, you…

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direct fx bankrupt
October 18, 2018 BY LeapRate Staff

ASIC cancels license of bankrupt Retail Forex broker Direct FX

Following our exclusive report from Tuesday that Australian Retail Forex broker Direct FX was placed into liquidation with Deloitte named as administrator, it came as no surprise that today regulator ASIC announced that it was fully canceling Direct FX's AFS license. ASIC had first suspended Direct FX's license back in April. What was somewhat surprising,…

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Richard Bartlett GMI UK
October 17, 2018 BY LeapRate Staff

Exclusive: Richard Bartlett joins FX broker GMI from PrimeXM

LeapRate Exclusive... LeapRate has learned that FCA regulated institutional FX and CFDs broker Global Market Index Limited (or GMI Group) has continued its global hiring spree, adding Richard Bartlett to a senior executive role at the company. Richard Bartlett is the former Head of Sales at leading technology provider PrimeXM, and has agreed to join GMI with…

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