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Facebook Shares Fall 7.3 Pct Post-DC Lawsuit

PYMNTS

With the news of a lawsuit against Facebook (FB) by prosecutors in the District of Columbia, the social media company’s shares slid significantly on Wednesday (Dec. ” Despite the news, some are not retreating from the stock, like JMP Securities Analyst Ron Josey. 19), according to Bloomberg.

DC 122
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Bitcoin Daily: German Crypto Firm Shuttered After Pyramid Scheme Accusations; People’s Bank Of China Denies Bogus Announcement Of Stablecoin Launch

PYMNTS

But in May, authorities in Namibia called Karatbar a pyramid scheme, while last month, Florida’s financial regulator denied that the company had been issued a banking license. I hope everybody will join this platform,” he said in a video, according to The Guardian. And the U.S.

DC 100
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GonzoBanker Awards 2017

Gonzobanker

Heavy-handed regulators. The Gonzo team understands the value of well-designed regulations and standards, and we too despise the “gotcha” behavior of Wells Fargo and other players who institutionalize manipulating the consumer. Biggest Branch ITM User Award : The Security Guard. This year brought us: Mergers out the yin-yang.