Ripple Co-Founder Leads $40M Push to Counter California Wealth Tax
Ripple co-founder Chris Larsen and venture capitalist Tim Draper have launched Grow California, a $40 million political initiative designed to elect moderate state legislators and...
Tag : California
Crypto billionaires deploy $40M to fight California wealth tax and union power
Two high-profile crypto figures are preparing to pour tens of millions of dollars into California politics, aiming to reshape the state Legislature by backing moderate,...
California Fines Crypto Wealth Platform Nexo $500K Over 'Unlicensed' Loans
In brief The California Department of Financial Protection and Innovation found Nexo issued crypto-backed loans to at least 5,456 Californians without a license. Nexo reportedly...
Nexo to pay $500K fine to California regulator over ‘risky loans’
Crypto lending company Nexo Capital will pay a $500,000 to California’s financial regulator over allegations it issued thousands of loans to state residents without properly...