Crypto scammers allegedly tried to bribe X employees for account reinstatement

Grayscale launched its Grayscale CoinDesk Crypto 5 ETF (GDLC), the first product to track the five top cryptocurrencies by market capitalization, including Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA).

PANews reported on September 20th that Faraday Future announced a strategic investment of $41 million in Qualigen Therapeutics, Inc. (NASDAQ: QLGN) through a private equity (PIPE) transaction, with the intention of launching cryptocurrency and Web3-related businesses. Following the completion of the necessary shareholder approval process, QLGN is expected to change its name to CXC10 and focus on its three growth engines: cryptocurrency and Web3 ecosystem development. The PIPE financing round was led by Faraday Future and its founder and global co-CEO, Jia Yueting, with participation from blockchain technology company SIGN Foundation. FF President Wang Jianjun also participated in the round. Faraday Future has agreed to invest approximately $30 million in QLGN at an effective price of $2.246 per share, subject to closing conditions, representing approximately 55% of QLGN's outstanding common stock. In addition, Jia Yueting plans to personally invest approximately $4 million, representing approximately 7% of QLGN's common stock. Jia Yueting has also agreed to a voluntary two-year lock-up period on his personal investment. Upon completion of the transaction, Jia Yueting will serve as QLGN's Chief Advisor, Wang Jianjun will be appointed Co-CEO of QLGN, and FF CFO Koti Meka will be appointed CFO.

PANews reported on June 14 that according to GlobeNewswire, Trump Media & Technology Group (DJT) announced that the previously submitted S-3 registration statement has been approved by the US SEC.