Left Behind Bars? Citron Capital’s Andrew Left Faces $16-Million Fraud Allegations
US Federal prosecutors have charged Andrew Left, the prominent short seller and head of Citron Capital, with fraud. The Securities and Exchange Commission (SEC) alleges that Left made exaggerated or misleading statements about stocks to profit from the resulting market movements. The case, brought in federal court in California, accuses Left of using his reputation […]
Seabridge Gold Obtains ‘Substantially Started’ Designation For KSM
Seabridge Gold (TSX: SEA) has achieved a major milestone at its flagship KSM project, with the BC Government officially designating the project as having “substantially started.” The ruling is significant for the KSM project, as the designation removes the ability for the Environmental Assessment Certificate for the project to expire. Without this designation, that certificate […]
Did El Chapo’s Son Aid the U.S. in the Capture Of Sinaloa Cartel Leader El Mayo?
In a significant blow to one of Mexico’s most notorious drug trafficking organizations, the US Federal Bureau of Investigation (FBI) has arrested two high-ranking members of the Sinaloa cartel, including Ismael “El Mayo” Zambada and Joaquin Guzman Lopez, son of Joaquin “El Chapo” Guzman. The arrests occurred in El Paso, Texas, on Thursday, federal authorities […]
Bitcoin Policy Pushes For UK To Hodl Its 61,000 Bitcoin Holdings
A Bitcoin lobbying group, Bitcoin Policy, has urged the UK government to refrain from selling its substantial holding of over 61,000 bitcoins. The group cites pro-crypto sentiment from influential figures and nations, including Donald Trump, El Salvador, and the United Arab Emirates, as part of their rationale. In a letter sent to the UK’s Chancellor […]
Sponsored · Selkirk Copper Mines
Jasper Fire: “Potentially 30% – 50% Structural Damage” Says Premier Smith
Photos have begun to emerge from Jasper following a massive forest fire that hit the town overnight. Before authorities ceased providing updates late Wednesday night, the fire was said to be moving at up to fifteen metres per second, with flames as much as 400 feet high. Few images have been made available, given that […]
Bitcoin Continues to be the Most Abused Cryptocurrency, Europol Report Finds
In a recent report by Europol, Bitcoin has been identified as the most commonly exploited cryptocurrency by cybercriminals. The Europol Internet Organized Crime Threat Assessment (IOCTA) report for 2024 details how Bitcoin remains the preferred asset for ransomware groups, fraudsters, and money launderers, despite the emergence of privacy-focused coins such as Monero. Bitcoin’s popularity among […]
Plurilock AI Notches Its Fifth Data Quadrant Gold Medal
Plurilock Security Inc. (TSXV: PLUR) has once again proven its mettle by securing a gold medal in Info-Tech’s 2024 Data Quadrant for Cloud Access Security Broker (CASB) solutions.
Canadian Banks in Crisis? Bank of Canada’s Repo Operations Skyrocket to $16 Billion
The Canadian overnight repo operations have seen a significant increase in activity, reaching $16 billion on July 23, 2024. This marks a notable rise from previous days, reflecting ongoing liquidity pressures within the financial system. Overnight repo operations are essential tools used by the Bank of Canada to manage short-term interest rates and ensure adequate […]
Sponsored · Cambria Gold Mines
Loblaw, George Weston Agree to Massive $500M Settlement Over Bread Price-Fixing Case
Loblaw Companies (TSX: L) and its parent company George Weston (TSX: WN) have agreed to a $500 million settlement over their involvement in a long-standing bread price-fixing conspiracy. This settlement is part of a class-action lawsuit that also includes other major Canadian retailers such as Metro, Walmart Canada, Giant Tiger, and Sobeys. George Weston will contribute […]
Aurora Cannabis Permitted To Expand German Operations
Following in the footsteps of Tilray Brands (TSX: TLRY), Aurora Cannabis (TSX: ACB) has now been granted approval to expand its operations in Germany after the implementation of a new medical cannabis act, known as MedCanG. Aurora has received two licenses from the German regulator responsible for cannabis, which permit continued domestic cultivation, as well […]