Legal Action Underscores Commitment to Protecting Shareholders from Market ManipulationFORT WORTH, Texas, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Sports Entertainment Gaming Global Corporation (NASDAQ: SEGG, LTRYW)(the “Company” or “SEGG Media”), the global sports, entertainment, and gaming group, today announced that it has filed a civil lawsuit in Tarrant County District Court against four firms the Company believes participated in coordinated and unlawful trading activity designed to artificially suppress the ...

Core Insights - Kalshi has implemented tighter trading surveillance measures ahead of the Super Bowl, including an independent oversight committee and partnerships with new data providers to ensure market integrity [1][4] - The Super Bowl is projected to generate a record $1.76 billion in legal wagers in the US, with Kalshi holding over 50% of the regulated market share [2][7] - The prediction market industry is experiencing rapid growth, with sports betting now accounting for approximately 70% of total prediction market volume, and aggregate volumes expected to reach $40 billion by 2026 [6] Company Developments - Kalshi has seen nearly $170 million in bets for the Super Bowl, raising concerns about the potential for insider trading due to the high volume of transactions [1][3] - To combat insider trading risks, Kalshi has partnered with Solidus Labs to utilize their "HALO" system for monitoring market manipulation [4] - An advisory committee, including experts from Wharton, will publish statistics on investigations to enhance transparency and oversight [4] Industry Context - The competition in the prediction market space is intensifying, with Polymarket leading the offshore market with nearly $4 billion in monthly activity [2][7] - Regulatory scrutiny is increasing, with some states moving to restrict access to certain prediction market products, impacting platforms like Polymarket [5]

A woman claiming to be Justin Sun’s ex-girlfriend alleged on Sunday that the cryptocurrency billionaire manipulated the market to pump the price of his Tron (CRYPTO: TRX) token. Serious Allegations Against Tron Founder Zeng Ying, describing herself as a finance blogger and a “Crypto OG,” said she was in a relationship with Sun back in the early days of Tron, the Layer-1 blockchain he founded in July 2017. Zeng said Sun used the identities and mobile phones of multiple employees in Beijing to operate seve ...

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Smart Digital Group Limited due to allegations of securities law violations, urging affected investors to contact them before the March 16, 2026 deadline for lead plaintiff applications in a federal class action lawsuit [4][6]. Group 1: Allegations Against Smart Digital - The complaint alleges that Smart Digital and its executives made false or misleading statements and failed to disclose significant risks related to market manipulation and fraudulent promotion schemes [6]. - Specific allegations include the use of social media misinformation and impersonation by individuals posing as financial professionals to manipulate the stock price [6]. - It is claimed that insiders used offshore accounts to facilitate the dumping of shares during a price inflation campaign, which was not disclosed in the company's public statements [6]. Group 2: Stock Price Collapse and SEC Actions - On September 26, 2025, Smart Digital's stock price fell by 86.4%, closing at $1.85 per share, following a trading halt by NASDAQ due to volatility [7]. - The SEC suspended trading of Smart Digital securities from September 29, 2025, to October 10, 2025, due to potential manipulation linked to social media recommendations that aimed to artificially inflate the stock price [7]. - Following the SEC's suspension, NASDAQ also suspended trading pending further information, and trading remains suspended with no clear end date [7]. Group 3: Class Action and Lead Plaintiff Information - The lead plaintiff in the class action will be the investor with the largest financial interest who is also typical of the class members, overseeing the litigation on behalf of the class [8]. - Any member of the class can apply to serve as lead plaintiff or choose to remain an absent class member without affecting their ability to share in any recovery [9]. - Faruqi & Faruqi encourages individuals with information regarding Smart Digital's conduct to come forward, including whistleblowers and former employees [9].

Core Insights - Bitcoin is experiencing a price slump, yet there are bullish predictions on social media, particularly from Young Hoon Kim, who anticipates a price surge despite macroeconomic challenges [1][6][7] Group 1: Predictions and Commentary - Young Hoon Kim, claiming an IQ of 276, has made several posts suggesting that Bitcoin is on the verge of a significant rally, stating "The pump is coming" and urging followers to prepare for volatility [2][7] - Kim has a history of optimistic forecasts, including a prediction that Bitcoin could replace the U.S. dollar by 2026 and describing current price levels as a "temporary discount" due to market manipulation [4][5] - In a previous prediction, Kim stated that Bitcoin could reach $220,000 within 45 days, showcasing his highly bullish outlook [5] Group 2: Market Context - Bitcoin is currently trading at approximately $87,914, reflecting a nearly 7% decline over the past week, as investors remain cautious ahead of a significant U.S. Federal Reserve policy meeting [8]

Core Viewpoint - A class action has been filed against Smart Digital Group Limited (SDM) due to allegations of market manipulation and fraudulent promotion schemes that affected the company's stock price and trading status [1][2]. Group 1: Allegations and Issues - The complaint alleges that SDM was involved in a market manipulation scheme that included misinformation on social media and impersonators posing as financial professionals [2]. - Insiders allegedly used offshore accounts to facilitate the coordinated dumping of shares during a price inflation campaign, which was not disclosed to investors [2]. - SDM's public statements failed to mention the risks of fraudulent trading or market manipulation, which contributed to the unique risk of trading suspension by the SEC and NASDAQ [2]. Group 2: Stock Price Impact - On September 26, 2025, SDM's stock price collapsed by 86.4%, closing at $1.85 per share after an intraday halt by NASDAQ due to volatility [3]. - The SEC suspended trading in SDM securities from September 29, 2025, to October 10, 2025, due to potential manipulation linked to social media recommendations that aimed to artificially inflate the stock price [3]. - NASDAQ also suspended trading in SDM securities on October 11, 2025, pending further information, and trading remains suspended at the time of the filing [3]. Group 3: Class Action Participation - Shareholders may be eligible to participate in the class action against SDM, with a deadline to submit papers to serve as lead plaintiff by March 16, 2026 [4]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4]. Group 4: Company Background - Robbins LLP is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses and improve corporate governance since 2002 [5].

Core Viewpoint - A class action lawsuit has been filed against Smart Digital Group Ltd. (NASDAQ: SDM) for alleged market manipulation and fraudulent promotion during the period from May 5, 2025, to September 26, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Smart Digital was involved in a scheme of market manipulation and fraudulent promotion, which included misinformation on social media and impersonation of financial professionals [5]. - Allegations include the use of offshore accounts by insiders to facilitate the dumping of shares during a price inflation campaign, and the omission of risks related to fraudulent trading in public statements [5]. - The lawsuit asserts that the misleading statements made by the defendants about Smart Digital's business and prospects led to investor damages when the true details became known [5]. Group 2: Participation Information - Investors who purchased SDM securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6]. - A lead plaintiff must file a motion with the court by March 16, 2026, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been recognized for its success in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013, recovering hundreds of millions for investors [4].

Core Viewpoint - A class action has been filed against Smart Digital Group Limited (NASDAQ: SDM) on behalf of investors who acquired its securities between May 5, 2025, and September 26, 2025, due to allegations of market manipulation and fraudulent promotion schemes [1][2]. Allegations - The complaint alleges that insiders facilitated a market manipulation scheme involving misinformation on social media and impersonators posing as financial professionals [2]. - It is claimed that insiders used offshore or nominee accounts to coordinate the dumping of shares during a price inflation campaign [2]. - SDM's public statements and risk disclosures reportedly omitted any mention of the risks associated with fraudulent trading or market manipulation that could affect the company's stock price [2]. - As a result of these actions, SDM securities faced a unique risk of suspension in trading by the SEC and NASDAQ [2]. Stock Price Collapse - On September 26, 2025, SDM's stock price fell by 86.4%, closing at $1.85 per share, following a trading halt by NASDAQ due to volatility [3]. - The SEC suspended trading in SDM securities from September 29, 2025, to October 10, 2025, citing potential manipulation through social media recommendations designed to artificially inflate the stock price [3]. - NASDAQ also suspended trading in SDM securities on October 11, 2025, pending further information [3]. Class Action Participation - Shareholders may be eligible to participate in the class action against Smart Digital Group Limited, with a deadline to submit papers to serve as lead plaintiff by March 16, 2026 [4]. - Shareholders do not need to participate in the case to be eligible for recovery and can remain absent class members if they choose [4].

LAS VEGAS, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) today announced that it has filed a federal civil lawsuit in the United States District Court for the Central District of California against Virtu Financial Inc., GTS Securities LLC (MPID: GTSM), and G1 Execution Services LLC, for securities fraud and coordinated market manipulation of Asia Broadband’s publicly traded stock symbol AABB. Based on daily comprehensive, real-time, deceitful, market maker behav ...

Core Viewpoint - Asia Broadband Inc. has filed a federal civil lawsuit against Virtu Financial Inc., GTS Securities LLC, and G1 Execution Services LLC for securities fraud and market manipulation, seeking $250 million in damages [1][2]. Legal Action - The lawsuit, titled "Asia Broadband, Inc. v. Virtu Financial Inc. et al.," was filed on January 7, 2026, and includes 168 pages of supporting exhibits detailing systematic and unlawful trading practices aimed at suppressing AABB's share price and impairing its access to equity financing [2][4]. - The complaint cites evidence from Level II order-book video recordings, trade-tape analysis, and market data that demonstrate patterns of intentional market manipulation [3][4]. Impact on Shareholders - The actions of the defendants are claimed to have undermined market integrity, investor confidence, and materially harmed AABB and its shareholders by preventing the stock price from reflecting the company's fundamental performance and asset value [4]. Company Response - The President and CEO of Asia Broadband Inc. stated that the lawsuit represents a serious abuse of the trading system and emphasized the need for judicial review and regulatory scrutiny [5]. - The company is seeking injunctive relief, compensatory and punitive damages, and plans to refer its findings to the Securities and Exchange Commission and other regulatory authorities for further investigation [5]. Operational Continuity - Despite the ongoing litigation, Asia Broadband Inc. continues to execute its long-term growth strategy, which includes the expansion of its gold and silver ore processing facility and the advancement of mining concessions [6][7]. - The company is focused on strategic accumulation of physical gold and silver holdings, aiming for operational performance and long-term shareholder value [8]. Company Overview - Asia Broadband Inc. is a resource company focused on precious metals production and the accumulation of physical gold and silver holdings, leveraging its geographic expertise and industry contacts in Mexico [9]. - The company also has a digital assets segment, including a gold-backed cryptocurrency and NFT collections, aiming to establish a stable and trusted standard of exchange [9].