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Elon Musk gets serious about 420 at securities fraud trial
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Elon Musk gets serious about 420 at securities fraud trial

Illustration by Laura Normand / The Verge Elon Musk insists that 420 isn’t a joke to him. In testimony during his ongoing securities fraud trial on Monday, Musk argued that the $420-a-share price he proposed back in his infamous “funding secured” tweet from 2018 wasn’t a weed joke but actually just a coincidence — with...

Nexo fined $45 million by SEC for violating securities law
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Nexo fined $45 million by SEC for violating securities law

Nexo is ceasing its EIP offer to US investors and has begun phasing out all of the products and services it offers in the United States. | Illustration by Alex Castro / The Verge The cryptocurrency lending firm Nexo has been sanctioned by the US Securities Exchange Commission (SEC) for offering and selling unregistered securities,...