Goldman Sachs Agrees to $500 Million Settlement in 1MDB Shareholder Lawsuit
In a significant development, Goldman Sachs has consented to pay $500 million to resolve a class action lawsuit that accused the investment bank of misleading shareholders regarding its involvement with 1MDB, a Malaysian sovereign wealth fund linked to a major corruption scandal. While the settlement was initially agreed upon last month, the financial details were […]
Bitcoin’s $78,000 Surge Falters as Coinbase Premium Remains in the Red
Despite a rebound in Bitcoin’s spot price towards $78,000, the Bitcoin Coinbase Premium Index has remained negative, highlighting persistent selling pressure from U.S. traders. Analyst Axel Adler Jr noted on X that the index, which measures the price difference between Bitcoin on Coinbase and Binance, indicates lower buying activity among Coinbase users. The trend flipped […]