InvestmentRisks

Applovin's Stock Plummets Following Muddy Waters' Short Selling Claim

2 days ago

In a dramatic turn of events, shares of Applovin, a leading mobile game and marketing platform, have taken a significant hit after the well-known short-selling firm Muddy Waters announced its stance on the company. The firm, led by Carson Block, published a scathing report questioning Applovin’s business practices and claiming that the company's stock is overvalued. This development has sent ripples through the financial markets, prompting investors to reassess their positions on Applovin.

Five-Year Sentence for Mastermind Behind Multi-Billion Dollar Crypto Heist

5 months ago

In a significant verdict delivered by the courts, the leader of a notorious cryptocurrency heist, valued at billions, has been sentenced to five years in prison. The sentence marks a pivotal moment in the ongoing battle against digital currency fraud, as authorities strive to restore faith in the crypto market.