Sunday, September 1, 2024

A US court ordered Nigerian businessman Dozy Mmobuosi, founder of NJ-based Tingo, to pay $250M+ in fines after SEC alleged he inflated Tingo's financial records (Aanu Adeoye/Financial Times)

Aanu Adeoye / Financial Times:
A US court ordered Nigerian businessman Dozy Mmobuosi, founder of NJ-based Tingo, to pay $250M+ in fines after SEC alleged he inflated Tingo's financial records  —  Decision against Dozy Mmobuosi by US court comes after civil complaint by SEC against his Nasdaq-listed companies



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Kalshi and Polymarket bets on the FIFA World Cup final top $5.69B; Dune Analytics says total wagers on the platforms surpassed $50B for the first time in June (Lauren McCarthy/New York Times)

Lauren McCarthy / New York Times : Kalshi and Polymarket bets on the FIFA World Cup final top $5.69B; Dune Analytics says total wagers on...