Two Detroit men have been charged for defrauding the higher education system in Federal Student Aid, announced United States Attorney Jerome Gorgon. The first complaint charges Brandon Robinson, 41, of Detroit with wire fraud related to false Federal Student Aid claims submitted in the names of other individuals. Between January 2015 and February 2024, Robinson submitted fraudulent FSA claims for more than 1200 individuals, involving over 100 schools in 24 states. Robinson caused over $16 million in FSA benefits to be awarded, with more than $10M disbursed. Additionally, the complaint alleges that Robinson also filed over 100 fraudulent unemployment insurance claims.
Category: finance
WeWork India, a leading player in the co-working space, is all set to launch its initial public offering (IPO) on October 3. The issue size is estimated at around 3, 000 crore.
Adani Group stocks have been in the limelight after the Securities and Exchange Board of India (SEBI) cleared all allegations leveled by Hindenburg Research in January 2023.
The post $1. 15 Billicom. Sep 27, 2025 at 22: 51 // News The end of the week was noted by extreme market turbulence, with over $1. 15 billion in leveraged positions being liquidated across major exchanges. This cascade of forced selling, which primarily affected traders in long positions, caused Bitcoin (BTC) and Ethereum (ETH) to break key support levels. Prices falling Bitcoin briefly dropped below $109, 000, with its price falling 2. 1% in the 24-hour period. Ethereum suffered an even steeper decline, dropping 3. 3% and losing the critical $4,000 level. Previously, Coinidol. com reported that Bitcoin was trading in a limited range. The price fell and broke below the current support level of $111, 000, which may cause a drop to a low of $107, 000. This sharp correction was fueled by several factors: Heavy ETF Outflows: Both Bitcoin and Ethereum spot ETFs recorded major outflows, signaling a pause in institutional buying after a period of intense activity. On-Chain Signals: Analysts noted that long-term holders were realizing profits, and the Crypto Fear & Greed Index dropped sharply to a level not seen since April, reflecting a dramatic shift toward extreme investor caution. Leverage Wipeout: The liquidation event itself was the most immediate driver, as the forced closure of over $1. 15 billion in long bets created massive selling pressure, with the majority of the losses occurring on exchanges like Bybit and the decentralized exchange Hyperliquid. Despite the short-term pain and the overall market cap facing fresh declines, this liquidation event is viewed by some analysts as a necessary “reset” that flushes out excess leverage, potentially setting the stage for a healthier market rebound in the future. Source:.
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The post Ether. fi Foundation Executes $7. 1M ETHFI Buyback, Fueling DeFi Scarcity Debate appeared com. Key Points: Ether. fi buys 127, 000 ETHFI tokens with protocol revenue of 51 ETH. Weekly buybacks exceed $7. 1M in total purchases. Market eyes scarcity potential in DeFi-focused governance tokens. The ether. fi Foundation utilized 51 ETH, equivalent to approximately $205,000, for repurchasing 127, 000 ETHFI tokens in late September 2025, increasing the total buyback to over $7. 1 million. This buyback strategy highlights ether. fis commitment to reducing supply and enhancing token value, sparking increased interest in ETHFI and sETHFI among DeFi stakeholders. Ether. fis $7. 1M ETHFI Buyback Strategy Unveiled Ether. fi Foundation completed a buyback of 127, 000 ETHFI tokens this week, investing approximately $205,000 from its protocol revenue. This action marks part of a strategic buyback initiative, having accumulated over $7. 1 million in total ETHFI repurchases. CEO Mike Silagadze plays a leading role in executing these strategic measures, constantly updating developments on X (Twitter). The buyback is expected to enforce positive buy pressure on ETHFI, reducing its circulating supply significantly. By prudently allocating protocol revenue to these repurchases, ether. fi aims to amplify token value, rendering its governance more appealing to stakeholders. Market observers note parallels to successful buyback models in DeFi, noting Silagadzes speculative public remarks on X regarding potential scarcity impact. Ethereums Price Amid Market Volatility: Key Analysis Did you know? Historical buybacks often attempt to recreate bitcoin halving-like scarcity by reducing supply, enhancing price stability and increasing value for token holders. Ethereums current price is $4,000. 42, falling by 1. 07% over the last day. Per CoinMarketCap, its market cap stands at $482. 86 billion with a dominance of 12. 81%. Trading volume hit $25. 25 billion, reflecting a sharp decline of 53. 82%. Meanwhile, its 90-day gain is notable at 64. 08%. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 17: 55.
The advisory comes at a time when the government is trying to boost consumption and encourage people to spend. In its effort to prop up spending by the middle class, the government has provided relief on the income tax front earlier this year in Budget 2025-26.
XRPs ETF optimism grows, but weak on-chain metrics and declining Open Interest raise sustainability concerns.
Snapback sanctions could collapse the Iranian economy as the Islamic Republic scrambles to rebuild its nuclear facilities.