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blockonomi.com NIO Stock: Lawsuit From Singapore’s GIC Sends Shares Tumbling

TLDR Singapore’s sovereign wealth fund GIC filed a U.S. lawsuit against NIO, CEO Bin Li, and CFO Wei Feng GIC claims it purchased 54.5 million ADRs at artificially inflated prices between August 2020 and July 2022 The lawsuit alleges NIO created a “superficially independent company” called Weineng Battery Asset Company to solve a 2020 liquidity [...] The post NIO Stock: Lawsuit From Singapore’s GIC Sends Shares Tumbling appeared first on Blockonomi.

bitcoinmagazine.com Real Estate Mogul Grant Cardone Doubles Down on Bitcoin Purchases During Market Sell-Off

Bitcoin Magazine Real Estate Mogul Grant Cardone Doubles Down on Bitcoin Purchases During Market Sell-Off Grant Cardone and Cardone Capital reportedly added another 200 BTC to its holdings, following a 300-BTC purchase just last week. This post Real Estate Mogul Grant Cardone Doubles Down on Bitcoin Purchases During Market Sell-Off first appeared on Bitcoin Magazine and is written by Micah Zimmerman.