Is this 32 -year -old a wonderful founder or a deceptive impossible?


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The big story

The criminal trial against the founding startup of the 32 -year -old Fintech Charlie Gavis It started on February 21With lawyers who put their opening arguments. On one side, Jpmorgan Chase She claims that Javice helped “millions of clients fake in order to urge the bank to buy its company” sincereFor $ 175 million. For its part, Javis claims that the financial services giant “regret the buyer” due to the government’s change in the way to fill in the financial aid models. Her lawyers say that the claim that fraud was a way out of the deal. Of course, we will stick to this trial and whether jury will find in favor of Javice or JPMorgan, or anything between them.

Dollars

Faru Bank
Image credits:Faru Bank

Fintech Prevention He was hoping to raise a tour of the G series of $ 55 million, but so far Closed on $ 29 million so farAccording to the last SEC presentation. The closure comes shortly after the announcement of the founder of the Digital Bank, Kullen Walsh, that he is stepped down as an executive president, with Javin Michael replaces him.

Encryption Pipe It was announced on February 21 that an “advanced attack” led to the theft of ETHEREUM (ETH) from one of the company’s non -connected company. The CEO and co -founder of BYBIT Ben Zhou Company said very much The infiltrators stole about 401346 ETHWhich was about $ 1.4 billion.

Coinbase On February 21 he said SEC He agreed to drop the lawsuit Against the company with bias, this means that it cannot be provided again. This step, which is still subject to the approval of the SEC Commissioners, is another indication that the Trump administration is planning to be more friendly to encryption more than the Supreme Education Council that the Supreme Education Council Gary Ginsler was. After days, Robinhood He said that the Supreme Education Council has The investigation closed In the Robinhood coding unit and you will not continue the work.

If we judge through our incoming mailboxes, there is no shortage of investment capital who are still betting on Fintech. here It is a list of a few VCS who remain up to Fintech. Note: This is a continuous list that will be updated over time.

Dubai -based MansaAnd that allows its offers for payments companies, especially in Africa so far, to settle transactions and finance customer accounts immediately, Justed 10 million dollars in seed financingIncluding both stocks and debts. The Stablecoin Tether has led $ 3 million in investing stocks.

The main headlines are highly beneficial

Executive CEO Accountants alerted 100 million dollars the lost money scandal

Brex Ayoun $ 500 million in revenue because it adds the likes of man and theft as clients

The shares ban decline by 18 %, for the worst day in the market in 5 years after missing profits

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