According to court records filed on Thursday, investors who cumulatively lost £120,676 ($151,000) in the HAWK meme coin, inspired by Haliey Welch’s Hawk Tuah trend, filed a lawsuit in the first US District Court in New York against the crypto team and its business partners. The lawsuit alleged that the Hawk Tuah team failed to … Read more
Haliey Welch, 22, became a social media personality during the summers over the “hawk tuah” TikTok video, which instantly became a hit and enabled her to launch her own merchandise, the “Talk Tuah” podcast in September, and even an AI-based dating app called “Pookie Tools.” Her Instagram presence swelled to 2.6 million followers, and she … Read more
The founder of Beijing-based artificial intelligence (AI)-based image recognition firm DeepGlint has stepped down as general manager, as the company grapples with widening losses this year amid fresh competition from generative AI firms. Zhao Yong is stepping back from day-to-day operations but retains his role as chairman, according to a corporate filing from the Shanghai-listed … Read more
Carpenter Christopher DeVocht from the Sooke community of British Columbia, Canada, is among the few day traders who have grown thousands of dollars to hundreds of millions in a short span and then lost it all. DeVocht started as most traders do, following trading forums and backtesting strategies, but little did he know his C$88,000 … Read more
PUTRAJAYA: Datuk Seri Anwar Ibrahim has directed Felda and the Armed Forces Fund Board (LTAT) to present their explanation on the losses reported by the Auditor-General’s Report. The Prime Minister said tge two entities were given two weeks to do so. “We want a full report to be submitted so that any weaknesses identified can … Read more
SIBU: Commercial crime, which involves huge losses, is a cause for concern in Sarawak. “A form of crime that is quite worrying of late is commercial crime or fraud involving thousands and even millions of ringgit in losses. “The police, through the Sarawak Commercial Crime Investigation Department, is responsible for investigating commercial crime cases such … Read more
