Anchorage Capital Closes After Betting Against AMC Stock
Anchorage Capital Group, LLC has announced it is shutting down due to significant losses. The hedge fund is closing after 18 years and returning the $7.4 billion dollars it manages back to clients. Their credit fund, Anchorage Capital Partners is…
NSCC-2021-010 Prevents Naked Shorting and FTDs [Canceled]
The NSCC is taking accountability as a third party between lenders with the NSCC-2021-010 proposal. We now have a referee in the market saying everyone needs to play fair. Will it be implemented anytime soon? Here’s what’s going on. Update:…
Naked Shorting is Making it’s Way to Mainstream Media
The illegal practice of naked shorting has now publicly made it’s debut in the mainstream media. CNBC and FOX Business have both acknowledged the manipulation, and the AMC community is loving it. Aside from that, Benzinga has just publicly…
Analyst Predicts Bitcoin Price To $170K By End Of 2022
Capital.com analyst, Mikhail Karkhalev predicts Bitcoin will reach $170,000 by the end of 2022 or early 2023. The analyst said, “Bitcoin’s prospects in the medium to long-term are promising“. He predicted Bitcoin to rise to…
Federal Court Judge Is Tied to Defendant in Robinhood and Citadel Case
A Miami district court judge admits the Citadel and Robinhood transcripts are suspicious. However, the federal court has dismissed the case due to a lack of evidence. Now, it’s important to note this case is separate from Citadel vs SEC. This is…
