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Melania Trump memecoin team ‘weaponized fame to disarm diligence,’ alleges court filing

Melania Trump’s memecoin was just one of 15 fraudulent tokens launched as part of an elaborate scheme to trick crypto investors. That’s according to a new court filing in a putative class action lawsuit, which accuses the defendants of obtaining the first lady’s endorsement of her cryptocurrency as part of a scheme that “weaponized fame … Read more

Bridgetown Research raises $19M to speed up due diligence with AI

Due diligence is a costly business, and not just in the realm of investing. Even for a company trying to launch a new product or explore a partnership, finding the right data and doing the research can take weeks and get very costly if they are to make an educated decision — especially when third … Read more

Argentina’s president withdraws support for LIBRA token, admits to skipping due diligence

Key Takeaways President Milei withdrew support for LIBRA token after it lost 85% value. Previously, Milei promoted CoinX, alleged as a Ponzi scheme impacting investors. Share this article Argentina’s President Javier Milei has withdrawn his support for the LIBRA meme token after initially endorsing it, stating he had no connection to the project. Milei also … Read more

Qatar will ‘stop’ EU gas sales if fined under due diligence law

Stay informed with free updates Simply sign up to the EU business regulation myFT Digest — delivered directly to your inbox. Qatar has threatened to stop vital gas shipments to the EU if member states strictly enforce new legislation that will penalise companies which fail to meet set criteria on carbon emissions, human and labour … Read more

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