Geopolitical drama reportedly stalls IPO of SoftBank-backed PayPay
The Japan-based company reportedly aimed for a public valuation of at least ¥1.5 trillion ($10 billion).
Six newly-created accounts made a profit of $1 million by correctly betting that the U.S. would strike Iran by February 28.
The company said such trades violates its internal company policies about using confidential information for personal gain.
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The new valuation is a 31% increase from $6.1 billion Plaid reached in April.
Jack Dorsey has long been an open admirer of Elon Musk. Now, it seems, he may have been taking notes.
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A tax accountant saw Elon Musk fans bidding up a Kalshi prediction market and saw a sure bet to make easy money.
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