(CNBC) Just weeks before crypto lender Genesis filed for bankruptcy, three former employees of the company claimed they had secured millions of dollars for a new crypto hedge fund, according to correspondence viewed by CNBC. Matt Ballensweig, who left Genesis […]

(CNBC) Tesla CEO Elon Musk appeared in a San Francisco federal court on Friday to defend tweets he posted to his tens of millions of followers in August 2018. The tweets said he had “funding secured” to take his electric vehicle […]

(CNBC) Bed Bath & Beyond is bulking up its team of legal advisors as the troubled retailer preps a potential bankruptcy filing that would take place in New Jersey in the coming weeks, according to people familiar with the matter. […]

(CNBC) Stock futures ticked higher on Thursday as investors tried to hang onto the January rally amid worries about monetary policy and slowing earnings. Futures tied to the Dow Jones Industrial Average rose 11 points, or 0.03%. S&P 500 and […]

(CNBC) Crypto lender Genesis filed for Chapter 11 bankruptcy protection late Thursday night in Manhattan federal court, the latest casualty in the industry contagion caused by the collapse of FTX and a crippling blow to a business once at the […]

(CNBC) Federal prosecutors unsealed an indictment against a little-known crypto exchange called Bitzlato on Wednesday, alleging that it facilitated the laundering of $700 million in tainted crypto tied to the now-shuttered dark-web market Hydra, and millions more in ransomware proceeds. […]

(Hedgeweek) The managed futures industry cut its monthly loss to -0.13% in December, following a -1.33% loss a month earlier, according to the Barclay CTA Index, compiled by BarclayHedge. CTAs were in positive territory for the year, however, posting a […]

(CNBC) Netflix added millions more subscribers in the fourth quarter than Wall Street expected, helping to send shares of the streamer up after the bell despite a big earnings miss. To read this article:

(Hedgeweek) Trian Fund Management, the activist hedge fund investment firm currently pushing for changes plus a seat on the board at Walt Disney Co, lost 10.6% last year as many hedge funds incurred losses on the back of market volatility, […]

(Hedgeweek) As recession fears continued to pull equity markets down in December, the hedge fund industry posted its own – if smaller – monthly loss, down -1.68% for the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge.  […]

(Hedgeweek) SkyBridge Capital has adopted an “overly bullish” view on cryptocurrencies, says founder Anthony Scaramuchi, and is betting that there will be a sustained turnaround in the digital assets space during 2023, according to a report by Reuters.  To read […]

(CNBC) Stock futures traded lower on Thursday morning as investors awaited economic data and speeches from Federal Reserve leaders. Futures tied to the Dow Jones Industrial Average fell 47 points, or 0.14%. S&P 500 futures and Nasdaq 100 futures shed […]