
Investment
Robinhood raises $280M in Series F funding round
The funding round was led by existing investor Sequoia Capital, in partnership with both existing and new investors.
Digital currency management firm Iterative Capital accused of fraud
The company faces a lawsuit for misappropriating investment funds for personal expenses.
US SEC goes after another digital currency company and its ICO
Dropil is allegedly offering an unregistered security to support its Dropil decentralized exchange.
Overstock’s tZero secures $5M equity investment
The Hong Kong-based investor will present fresh opportunities to tZero for expansion in Asia and Pacific markets.
Robinhood asks investors for $250M after March outages
Since the middle of March, Robinhood has been engaged in compensating users affected by the problems.
Wells Fargo, NYSE caught up in digital currency Ponzi scheme lawsuit
Three individuals with ties to Wells Fargo and the NYSE allegedly scammed millions from over 100 investors.