Tag: trading
Earnings Results: Robinhood stock rallies after earnings beat, plan to launch 24-hour trading as engagement wobbles
Former Coinbase Product Manager Gets Two Years For Insider Trading
The Indian national tried to flee the country after being quizzed by Coinbase, the Department of Justice said. But he was stopped from boarding a flight to India by American cops. Wahi pleaded guilty in February to two counts of conspiracy to commit wire fraud brought against him by prosecutors in the Southern District of New York. Wahi, his brother and his friend, Sameer Ramani, were also hit with civil charges by the U.S. Securities and Exchange Commission. “[Wahi] violated the trust placed in him by his employer” by sharing the secret listings,” said U.S. Attorney Damian Williams. “Today’s sentence should send a strong signal to all participants in the cryptocurrency markets that the laws decidedly do apply to them.”
Read more of this story at Slashdot.
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Daily Crunch: Binance reopens after bug forces platform to suspend spot trading, deposits and withdrawals
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Daily Crunch: Binance reopens after bug forces platform to suspend spot trading, deposits and withdrawals by Christine Hall originally published on TechCrunch
Thousands may have lost out to crypto trading app
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Workers at trading card marketplace TCGplayer form eBay’s first union
The workers at eBay-owned TCGplayer, a marketplace for trading card games such as Magic: The Gathering, have voted in favor of joining a union. eBay purchased the company in 2022 for a deal valued up to $295 million, but the website continues to operate independently. Now that all 272 non-supervisory workers at the company’s authentication center in Syracuse, New York are represented by the Communications Workers of America, they’ve become the first group to form a union at eBay in the US.
The organized workers, who are responsible for ensuring the accuracy and quality of all shipments in and out of the company, filed for a union election with the National Labor Relations Board back in January. They wanted to unionize in a bid to have a voice within the company, and they were also seeking pay raises to account for inflation, a fair and comprehensive sick leave and absence policy, as well as inclusive career advancement opportunities, fair and transparent hiring practices, and clearly defined job roles and expectations.
In the CWA’s announcement of the union victory, it said TCGPlayer workers first tried to unionize in 2020. However, the company hired a union buster to “spread disinformation,” and the workers ultimately withdrew their petition for a vote due to the pandemic. While they were successful this time around, their employer reportedly tried to get them to back down again. CWA filed an unfair labor practice charge against the company in January for illegally surveilling union activity. It filed more charges just last week, accusing the company of threatening workers for supporting unionization efforts and forcing them to attend anti-union meetings, as well. The unionized workers are still waiting for the NLRB’s decision on those complaints.
This article originally appeared on Engadget at https://www.engadget.com/tcgplayer-workers-form-ebay-first-union-095615128.html?src=rss