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Latest from Nelson Wang
Crypto Hedge Fund Fraudster Sentenced to 7 1/2 Years for Ponzi Scheme: Report
Australian national Stefan Qin bilked investors in his two hedge funds out of $90 million, according to authorities.

Gensler Says Most Crypto Trading Platforms Need to Register With SEC
The SEC chairman said that securities have likely been traded on the platforms.

Bill Miller’s Flagship Fund Discloses $44.7M Stake in Grayscale Bitcoin Trust
The Miller Opportunity Trust has made its first investment in bitcoin after first indicating it could do so back in February.

Withdrawal of Ether Futures ETF Proposals Good Sign for Bitcoin Futures ETF: Analyst
Bloomberg Intelligence’s James Seyffart thinks a bitcoin futures ETF could get approved as soon as October.

Riot Blockchain Reports Record Q2 Results
The bitcoin mining company reported revenue and sales results that beat analyst estimates for the second quarter.

VanEck, ProShares Abruptly Withdraw Ether Futures ETF Proposals
Investment firms Van Eck and ProShares have both withdrawn their applications with the SEC for approval of ether futures ETFs, just two days after filing them.

NFT-Focused Topps Abandons Plan to Go Public in SPAC Merger
The longtime trading card company pulled out of its deal following the loss of its exclusive contract to make cards for Major League Baseball.

Robinhood’s Revenue From Cryptocurrency Trading Jumps to 41% of Total
The popular zero-commission trading exchange warned in its second-quarter earnings report its reliance on cryptocurrency trading, and on dogecoin in particular, was a potential risk.

Blockchain Identity Firm Civic Promotes Chris Hart to CEO
Vinny Lingham is stepping down from the role and will become executive chairman of the board.
