Money Laundering Charges The US government has accused Vinnik of laundering “between $4 billion and $9 billion” through BTC-e. Arkady Bukh, Vinnik’s lawyer, previously told the same media outlet that Vinnik will not be sentenced on money laundering charges until 2025. Vinnik was detained in California this year. He pleaded guilty to charges of conspiracy...
The CFTC claimed that without the judge’s written opinion, it could not make an informed decision on the next steps or adequately brief a motion for a stay pending any potential appeal. Judge Cobb granted a temporary stay, but it only extended through the end of the hearing on Thursday, leaving the door open for...
The Relative Strength Index (RSI) is currently at 56.77, indicating neutral conditions. This suggests that the market is neither overbought nor oversold, leaving room for further price movement in either direction. The 50-day Exponential Moving Average (EMA) is trending upward at $56,979, providing support for the ongoing bullish momentum. Overall, BTC maintains a cautiously bullish...
JAKARTA -PT Lippo General Insurance Tbk (LPGI) will issue a stock split with a ratio set to 1:10, meaning that one old share will be split into 10 shares with new value. Satini Kartika Sari, Corporate Secretary of LPGI, said that the stock split will take effect starting next week (17/9). “The number of shares...
JAKARTA - China Merchants International Port Integrated Development (Hong Kong) Company Limited (CMIPD) is conducting a tender offer of 725.97 million shares of PT Nusantara Pelabuhan Handal Tbk (PORT). This corporate action will take place from September 3 to October 2, 2024. In the short prospectus quoted today (10/9), PORT’s shares that will be offered...
JAKARTA. PT Orimba Alam Kreasi (OAK), one of subsidiaries ofPT SLJ Global Tbk (SULI), has reportedly signed a credit agreement with ACLF Investments Hong Kong Limited. Amir Sunarko, President Director of SULI, mentioned that ACLF Investments is a company headquartered in Hong Kong. ACLF Investment grants private loans focusing on climate, environmental, and social impacts....
JAKARTA. Financial Services Authority (OJK) warns PT Bukalapak.com Tbk (BUKA) to immediately use the remaining proceeds of initial public offering (IPO) of IDR 9.8 trillion. As of now, the proceeds are known to be placed in securities and deposit accounts. Prior to this, total proceeds raised by BUKA during IPO in 2021 were IDR 21.9...
JAKARTA. PT Lontar Papyrus Pulp & Paper Industry, a pulp and tissue producer belonging to the Sinarmas Group, will issue Shelf Registration Bonds III Phase I/2024 and Shelf Registration Mudharabah Sukuk I Phase I/2024 with a total principal amount of IDR 2.5 trillion. The principal amount to be issued by Lontar Papyrus Pulp & Paper...
The Taiwan stock market has moved lower in three straight sessions, slumping more than 400 points or 1.9 percent along the way. The Taiwan Stock Exchange now rests just above the 21,030-point plateau although its likely to stop the bleeding on Thursday, The global forecast for the Asian markets is upbeat on optimism over the...
The China stock market turned lower again on Wednesday, one day after ending the two-day slide in which it had given up more than 50 points or 1.9 percent. The Shanghai Composite Index now sits just above the 2,720-point plateau although its likely to bounce higher again on Thursday. The global forecast for the Asian...