Logan Paul faces crypto investment misleading allegations

Logan Paul faces accusations of misleading fans in crypto investments, linked to profit-making trades and ongoing lawsuits.

Published

1 year ago

November 20, 2024

ticker NEWS

Logan Paul faces criticism over recent cryptocurrency dealings. Concerns arise about potential profit from misleading fans regarding investments.

Evidence suggests he promoted coins without disclosing financial interests.

His influence reportedly caused price spikes, prompting accusations of benefiting from token sales.

Paul is also involved in a lawsuit tied to his failed project, CryptoZoo, and denies any wrongdoing.

Recent investigations reveal connection between Paul’s public wallet and anonymous wallets trading cryptos shortly after his promotions.

In 2021, one wallet made a $120,000 profit after reacting to one of Paul’s tweets.

Social influencers

The controversy highlights the role of social media influencers in cryptocurrency markets, with significant price movements driven by their endorsements.

Paul promoted high-risk “meme coins,” resulting in massive price fluctuations, including a 6,000% rise in the coin Elongate after his endorsement.

Further analysis of trading patterns revealed similar profits from another meme coin, Dink Doink, before it crashed.

Celebrities face scrutiny for promoting crypto without clear financial disclosures.

Paul is also under legal pressure related to CryptoZoo, a project with significant investor losses.

He claims to have some plans for compensation while attributing failures to team members.

Despite the controversies, Paul still retains a robust following, expanding into boxing, wrestling, and product ventures.

Australian Dollar surges: What $0.70 means for markets

Australian dollar surges 5% to $0.70, impacting importers, exporters, and big miners amid rising interest rates.

Published

2 days ago

February 18, 2026

Harvey Vargas

Australian dollar surges 5% to $0.70, impacting importers, exporters, and big miners amid rising interest rates.

The Australian dollar has jumped more than 5 percent against the U.S. dollar this year, now trading around $0.70. This rapid rise has sparked mixed reactions for importers and exporters as Australia’s materials sector shows signs of bouncing back, despite concerns over rising interest rates.

Dale Gilham from Wealth Within breaks down the factors behind the AUD surge, the implications for commodities, and what it means for big miners like BHP. From profits to strategy, we explore how the market is reacting to this currency shift.

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#AustralianDollar #AUD #Forex #Investing #Commodities #BHP #Mining #Markets

Money

S&P 500 rises as financial stocks lead and tech slips

S&P 500 rises 0.4% thanks to financial stocks; software struggles amidst AI concerns. Subscribe for updates!

Published

2 days ago

February 18, 2026

Harvey Vargas

S&P 500 rises 0.4% thanks to financial stocks; software struggles amidst AI concerns. Subscribe for updates!

The S&P 500 climbed 0.4% on Tuesday, boosted by strong gains in financial stocks. Citigroup and JPMorgan led the rally, showing investors are rotating money into the sector as tech stocks faltered.

Meanwhile, software shares struggled, with ServiceNow, Autodesk, and Palo Alto Networks all seeing notable declines. Concerns around AI disruption continue to affect the software and financial sectors alike.

Market watchers are now turning their attention to upcoming inflation reports later this week, looking for signals that could shape the next moves in the market.

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Money

Australia’s GST debate heats up amid tax reform push

Australia debates GST expansion amid aging population pressures and personal income tax concerns; expert insights from Dr. Steven Enticott.

Published

3 days ago

February 17, 2026

Harvey Vargas

Australia debates GST expansion amid aging population pressures and personal income tax concerns; expert insights from Dr. Steven Enticott.

Australia is facing a fierce debate over tax reform, with fresh calls to broaden the Goods and Services Tax as the government searches for more stable revenue streams. With an ageing population putting pressure on health, pensions and long-term spending, economists argue the current reliance on personal income tax may not be sustainable.

Dr Steven Enticott from CIA Tax joins Ticker to break down the real impact of expanding the GST, including how it could affect lower-income households, whether taxing unrealised gains would change investor behaviour, and what compensation mechanisms could soften the blow on essential goods. The political risks are high, but so are the fiscal stakes.

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