According to the Boston Globe, Massachusetts regulators this week subpoenaed Keith Gill, who posted videos on YouTube about GameStop under the name “Roaring Kitty” and on Reddit as “DeepFuckingValue” on r / WallStreetBets.
WallStreetBets leader to be questioned in court
Yes, Massachusetts regulators have launched an investigation into whether the GameStop stock boom violated any regulations. As for Keith Gill, it is sought to find out if he was licensed to provide financial advice at r / WallStreetBets.
It’s worth noting that Gill was an employee of MassMutual until January 28. However, the firm claimed to be unaware of Gill’s extraordinary activities.
And this is precisely where it gets interesting. According to Forbes Mexico, state law establishes that a registered brokerage has an “obligation” to inform his employer of extraordinary activities outside the firm.
Justin Sun suffers a huge crypto loss
According to Bloomberg, Justin Sun, founder of Tron, confessed to losing $ 8 million on his investment in GameStop, but has not liquidated his position.
I think I’m going to hold out. Even if I lose money on GME shares, I still believe that this is a paradigm shift. In the past, we all followed the advice of financial analysts, and these days people are going to make their own decisions.Sun said.
Uber considers accepting the leading crypto as payment
According to CNBC, Dara Khosrowshahi, CEO of Uber, reported that he would be considering integrating Bitcoin and other cryptos as payment methods.
“Just as we accept all types of local currency, we are going to consider crypto and Bitcoin in terms of currency to transact. That’s good for business, it’s good for our passengers … », Khosrowshahi said.
However, he assured that he will not follow in the footsteps of Tesla and “They will keep your cash safe.”
BNY Mellon opens the doors to the leading crypto
According to the Wall Street Journal, BNY Mellon, the oldest bank in the United States, will add support for Bitcoin on behalf of its asset management clients. Therefore, it will store and transfer crypto.
Interestingly, the bank reported that its plans are to treat crypto like any other traditional asset.
In a few lines …
- Ripple co-founder Jed McCaleb has sold more than $ 69.4 million worth of XRP crypto since last week.
- According to Glassnode, Bitcoin crypto miners made $ 4 million in revenue in an hour today.
- According to El Ancasti, Raúl Jalil, governor of the Argentine province of Catamarca, presented a proposal to start the process of creating a digital currency.