Blog
January 13, 2023
The Securities and Exchange Commission today charged Genesis Global Capital, LLC and Gemini Trust Company, LLC for the unregistered offer and sale of securities to retail investors through the Gemini Earn crypto asset lending program. Through this unregistered offering, Genesis and Gemini raised billions of dollars’ worth of crypto assets from hundreds of thousands of […]
January 9, 2023
Efrain Trujillo (CRD# 3106482) is a previously registered broker and investment advisor whose last known employer was Western International Securities, Inc. of Los Angeles, CA. His previous employers were Financial West Group and SRM Securities, Incorporated. Trujillo was in the securities industry since 1998. Trujillo has three FINRA actions in his CRD. The most recent […]
December 8, 2022
Crypto peaked a year ago — investors have lost more than $2 trillion since. Most retail investors using crypto exchange apps have lost money on Bitcoin, a new data study suggested. About three-quarters of users are likely to have lost money on their investments in cryptocurrencies, according to data crunched by the Bank for International […]
The Parking REIT, a non-traded REIT formed in December 2017 by the merger of MVP REIT and MVP REIT II, invests primarily in parking lots and garages in the United States. Investors who bought into The Parking REIT may have suffered losses due to illiquidity, lack of transparency in valuation, and substantial conflicts of interest. […]
December 3, 2022
Blackstone Inc. limited withdrawals from its $69 billion unlisted real estate income trust (REIT) on Thursday following a surge in redemption requests. This move marks an unprecedented challenge to a franchise that has played a crucial role in transforming Blackstone into an asset management giant. The restrictions were triggered because redemption requests hit pre-established limits, […]
