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Founder Holmes raised $700 million from investors but never hired accountants to produce audited financial information Theranos and founder Elizabeth Holmes raised $700 million from mostly wealthy investors without ever having to provide financial statements audited by an independent public accounting firm. That’s what the Securities and Exchange Commission complaint against former Theranos president Ramesh “Sunny” Balwani suggests — and what a representative of one group of investors confirmed to MarketWatch. On March 14, Holmes and Theranos, the blood-testing startup ... Full investment news article
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Trump To Swat Down Petro Cryptocurrency | Swfi - Sovereign Wealth Fund Institute
In a bid to exert economic pressure on the Venezuelan government headed by President Nicolas Maduro, U.S. President Donald Trump issued an order on March 19th that prohibits U.S. citizens from purchasing a cryptocurrency that the Venezuelan government is releasing. The cryptocurrency is called the Petro. [ Content protected for Sovereign Wealth Fund Institute Standard […] Full investment news article
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