Texas

Cryptocurrency firm FTX, billionaire CEO focus of Texas securities investigation

Published

2 years ago

October 18, 2022

Cryptocurrency firm FTX, billionaire CEO focus of Texas securities investigation

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Texas is investigating whether or not a significant digital asset change and its billionaire founder have damaged the state’s securities legislation.

Since final week, the Texas State Securities Board has been scrutinizing whether or not FTX is providing unregistered securities to residents via its yield-bearing cryptocurrency accounts. The investigation is printed in an Oct. 14 submitting for the chapter means of Voyager Digital Holdings, a crypto brokerage agency whose belongings FTX received in an public sale final month. Texas additionally began investigating Voyager after it imploded in July.

The FTX investigation additionally names CEO Sam Bankman-Fried, who’s a significant supporter of Beto O’Rourke’s marketing campaign for Texas governor. Within the newest fundraising interval between July 1 and Sept. 29, the crypto billionaire topped the Democrat’s donor checklist with a $1 million contribution.

Joe Rotunda, the state securities board enforcement director who drafted the submitting, advised The Texas Tribune that the investigation was not prompted by any complaints. As an alternative, he recalled noticing that FTX has began providing interest-bearing merchandise to retail buyers within the U.S. and needed to see what a standard Texan would expertise in buying such a funding.

And whereas FTX has not registered to promote securities in Texas, Rotunda discovered that he may simply be a part of the change’s yield-earning program even after itemizing his Austin tackle.

“We wish to guarantee that everybody who invests their cash has full disclosure of all of the vital info and the investor safety mechanisms are in place,” he stated.

FTX didn’t instantly reply to the Tribune’s request for remark. However in an announcement to Bloomberg Information, an organization spokesperson stated “we have now an lively software for a license which has been pending, and imagine we’re working absolutely inside the bounds of what we are able to do within the interim.”

On the finish of Monday, Rotunda confirmed that the investigation continues to be ongoing.

Whereas the board’s investigations can take from days to years, he expects that this will likely be “on the shorter aspect” because the company prioritizes circumstances through which there are some ongoing enterprise issues. Regulators have additionally really useful halting FTX’s $1.4 billion buy of Voyager’s belongings till the change can clear the investigation.

Within the meantime, Rotunda harassed that the company welcomes working with FTX to carry it into compliance, which suggests the change must get licensed to promote securities within the state or discover exemptions to registration. He famous that this course of is pulling from a framework that Texas regulators have developed from their settlement in February with BlockFi over unregistered securities gross sales, through which the digital asset lender paid $100 million to settle with federal and state regulators. Texas obtained nearly $1 million from the settlement.

“We would like Texans to have the chance to spend money on what they wish to spend money on. We wish to be sure that they’re protected, and that’s why we’re attempting to get firms into compliance,” Rotunda stated. “Your complete aim is to guard Texas.”

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All-time results of the Lone Star Showdown, the Texas-Texas A&M football rivalry

Published

4 hours ago

November 26, 2024

Press Room

All-time results of the Lone Star Showdown, the Texas-Texas A&M football rivalry

The Texas Longhorns and Texas A&M Aggies decided to bring things back in style.

With Texas joining the SEC in the 2024 season, that meant the Aggies and Longhorns would face off for the first time since 2011. After Texas A&M joined the SEC in 2012, the two schools did not continue their rivalry in nonconference play.

There doesn’t need to be anything extra on the line for this game to be of the utmost importance to both schools, but the renewal of the Lone Star Showdown is coming with some extra juice. With Georgia’s ticket to the 2024 SEC Championship game punched, the winner of the 2024 Lone Star Showdown will face Georgia in Atlanta for the conference title.

Ahead of the highly anticipated return of the Longhorns to Kyle Field to visit their hated rival, check out the all-time results of the Lone Star Showdown, dating all the way back to 1894.

All-time series results

Texas leads 76-37-5

Date	Location	Score
Oct. 19, 1894	Austin	Texas 38, Texas A&M 0
Oct. 22, 1898	Austin	Texas 48, Texas A&M 0
Nov. 4, 1899	San Antonio	Texas 6, Texas A&M 0
Oct. 27, 1900	San Antonio	Texas 5, Texas A&M 0
Nov. 29, 1900	Austin	Texas 11, Texas A&M 0
Oct. 26, 1901	San Antonio	Texas 17, Texas A&M 0
Nov. 28, 1901	Austin	Texas 32, Texas A&M 0
Oct. 25, 1902	San Antonio	Texas 0, Texas A&M 0
Nov. 27, 1902	Austin	Texas A&M 12, Texas 0
Nov. 29, 1903	Austin	Texas 29, Texas A&M 6
Nov. 24, 1904	Austin	Texas 34, Texas A&M 6
Nov. 22, 1905	Austin	Texas 27, Texas A&M 0
Nov. 29, 1906	Austin	Texas 24, Texas A&M 0
Oct. 12, 1907	Dallas	Texas 0, Texas A&M 0
Nov. 28, 1907	Austin	Texas 11, Texas A&M 6
Nov. 9, 1908	Houston	Texas 24, Texas A&M 8
Nov. 29, 1908	Austin	Texas 28, Texas A&M 12
Nov. 8, 1909	Houston	Texas A&M 23, Texas 0
Nov. 25, 1909	Austin	Texas A&M 5, Texas 0
Nov. 14, 1910	Houston	Texas A&M 14, Texas 8
Nov. 13, 1911	Houston	Texas 6, Texas A&M 0
Nov. 19, 1915	College Station	Texas A&M 13, Texas 0
Nov. 30, 1916	Austin	Texas 21, Texas A&M 7
Nov. 20, 1917	College Station	Texas A&M 7, Texas 0
Nov. 28, 1918	Austin	Texas 7, Texas A&M 0
Nov. 27, 1919	College Station	Texas A&M 7, Texas 0
Nov. 25, 1920	Austin	Texas 7, Texas A&M 3
Nov. 24, 1921	College Station	Texas 0, Texas A&M 0
Nov. 30, 1922	Austin	Texas A&M 14, Texas 7
Nov. 29, 1923	College Station	Texas 6, Texas A&M 0
Nov. 27, 1924	Austin	Texas 7, Texas A&M 0
Nov. 26, 1925	College Station	Texas A&M 28, Texas 0
Nov. 25, 1926	Austin	Texas 14, Texas A&M 5
Nov. 24, 1927	College Station	Texas A&M 28, Texas 7
Nov. 29, 1928	Austin	Texas 19, Texas A&M 0
Nov. 28, 1929	College Station	Texas A&M 13, Texas 0
Nov. 27, 1930	Austin	Texas 26, Texas A&M 0
Nov. 26, 1931	College Station	Texas A&M 7, Texas 6
Nov. 24, 1932	Austin	Texas 21, Texas A&M 0
Nov. 30, 1933	College Station	Texas 10, Texas A&M 10
Nov. 29, 1934	Austin	Texas 13, Texas A&M 0
Nov. 28, 1935	College Station	Texas A&M 20, Texas 6
Nov. 26, 1936	Austin	Texas 7, Texas A&M 0
Nov. 25, 1937	College Station	Texas A&M 7, Texas 0
Nov. 24, 1938	Austin	Texas 7, Texas A&M 6
Nov. 30, 1939	College Station	Texas A&M 20, Texas 0
Nov. 28, 1940	Austin	Texas 7, Texas A&M 0
Nov. 27, 1941	College Station	Texas 23, Texas A&M 0
Nov. 26, 1942	Austin	Texas 12, Texas A&M 6
Nov. 25, 1943	College Station	Texas 27, Texas A&M 13
Nov. 30, 1944	Austin	Texas 6, Texas A&M 0
Nov. 29, 1945	College Station	Texas 20, Texas A&M 10
Nov. 28, 1946	Austin	Texas 24, Texas A&M 7
Nov. 27, 1947	College Station	Texas 32, Texas A&M 13
Nov. 25, 1948	Austin	Texas 14, Texas A&M 14
Nov. 24, 1949	College Station	Texas 42, Texas A&M 14
Nov. 30, 1950	Austin	Texas 17, Texas A&M 0
Nov. 29, 1951	College Station	Texas A&M 22, Texas 21
Nov. 27, 1952	Austin	Texas 32, Texas A&M 12
Nov. 26, 1953	College Station	Texas 21, Texas A&M 12
Nov. 29, 1954	Austin	Texas 22, Texas A&M 13
Nov. 24, 1955	College Station	Texas 21, Texas A&M 6
Nov. 29, 1956	Austin	Texas A&M 32, Texas 21
Nov. 28, 1957	College Station	Texas 9, Texas A&M 7
Nov. 27, 1958	Austin	Texas 27, Texas A&M 0
Nov. 26, 1959	College Station	Texas 20, Texas A&M 17
Nov. 24, 1960	Austin	Texas 21, Texas A&M 14
Nov. 23, 1961	College Station	Texas 25, Texas A&M 0
Nov. 22, 1962	Austin	Texas 13, Texas A&M 0
Nov. 28, 1963	College Station	Texas 15, Texas A&M 13
Nov. 26, 1964	Austin	Texas 26, Texas A&M 7
Nov. 25, 1965	College Station	Texas 21, Texas A&M 17
Nov. 24, 1966	Austin	Texas 22, Texas A&M 14
Nov. 23, 1967	College Station	Texas A&M 10, Texas 7
Nov. 28, 1968	Austin	Texas 35, Texas A&M 14
Nov. 27, 1969	College Station	Texas 49, Texas A&M 12
Nov. 26, 1970	Austin	Texas 52, Texas A&M 14
Nov. 25, 1971	College Station	Texas 34, Texas A&M 14
Nov. 23, 1972	Austin	Texas 38, Texas A&M 3
Nov. 22, 1973	College Station	Texas 42, Texas A&M 13
Nov. 29, 1974	Austin	Texas 32, Texas A&M 3
Nov. 28, 1975	College Station	Texas A&M 20, Texas 10
Nov. 25, 1976	Austin	Texas A&M 27, Texas 3
Nov. 26, 1977	College Station	Texas 57, Texas A&M 28
Dec. 2, 1978	Austin	Texas 22, Texas A&M 7
Dec. 1, 1979	College Station	Texas A&M 13, Texas 7
Nov. 29, 1980	Austin	Texas A&M 24, Texas 14
Nov. 26, 1981	College Station	Texas 21, Texas A&M 13
Nov. 25, 1982	Austin	Texas 53, Texas A&M 16
Nov. 26, 1983	College Station	Texas 45, Texas A&M 13
Dec. 1, 1984	Austin	Texas A&M 37, Texas 12
Nov. 28, 1985	College Station	Texas A&M 42, Texas 10
Nov. 27, 1986	Austin	Texas A&M 16, Texas 3
Nov. 26, 1987	College Station	Texas A&M 20, Texas 13
Nov. 24, 1988	Austin	Texas A&M 28, Texas 24
Dec. 2, 1989	College Station	Texas A&M 21, Texas 10
Dec. 1, 1990	Austin	Texas 28, Texas A&M 27
Nov. 28, 1991	College Station	Texas A&M 31, Texas 14
Nov. 26, 1992	Austin	Texas A&M 34, Texas 13
Nov. 25, 1993	College Station	Texas A&M 18, Texas 9
Nov. 5, 1994	Austin	Texas A&M 34, Texas 10
Dec. 2, 1995	College Station	Texas 16, Texas A&M 6
Nov. 29, 1996	Austin	Texas 51, Texas A&M 15
Nov. 28, 1997	College Station	Texas A&M 27, Texas 16
Nov. 27, 1998	Austin	Texas 26, Texas A&M 24
Nov. 26, 1999	College Station	Texas A&M 20, Texas 16
Nov. 24, 2000	Austin	Texas 43, Texas A&M 17
Nov. 23, 2001	College Station	Texas 21, Texas A&M 7
Nov. 29, 2002	Austin	Texas 50, Texas A&M 20
Nov. 28, 2003	College Station	Texas 46, Texas A&M 15
Nov. 26, 2004	Austin	Texas 26, Texas A&M 13
Nov. 25, 2005	College Station	Texas 40, Texas A&M 29
Nov. 24, 2006	Austin	Texas A&M 12, Texas 7
Nov. 23, 2007	College Station	Texas A&M 38, Texas 30
Nov. 27, 2008	Austin	Texas 49, Texas A&M 9
Nov. 26, 2009	College Station	Texas 49, Texas A&M 39
Nov. 25, 2010	Austin	Texas A&M 24, Texas 17
Nov. 24, 2011	College Station	Texas 27, Texas A&M 25

Find more college sports coverage from The Dallas Morning News here.

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Texas

Questions surround QB Quinn Ewers as Texas faces must-win game against A&M

Published

12 hours ago

November 25, 2024

Press Room

Questions surround QB Quinn Ewers as Texas faces must-win game against A&M

AUSTIN, Texas (KTRK) — The Texas Longhorns clinched a 10-win season over the weekend, thanks to the win over Kentucky.

There’s a constant conversation about QB-1 and whether he has what it takes to lead the Longhorns to a National Championship.

The Houston Chronicle’s Kirk Bohls joined Eyewitness News to analyze Quinn Ewers’ performance under center and preview the Lonestar Showdown.

Bohls said despite an ankle injury Ewers received in the game against Kentucky, he expects Ewers will be healthy enough to start for the Longhorns against Texas A&M on Saturday.

Despite a shaky performance against Vanderbilt and the loss to Georgia, Bohls argued that Ewers doesn’t get the respect his talent deserves. He has led the Longhorns to back-to-back 10-win seasons and a playoff appearance last season. This season, he’s thrown for over 2,000 yards with 23 touchdowns and six interceptions. Bohls said he’s among the top five quarterbacks the Longhorns have had.

Texas sits at the top in The Houston Chronicle’s SEC Power Rankings, but the upcoming Lonestar Showdown is a must-win.

The SEC Championship is on the line for the Longhorns and the Aggies.

Bohls said it will come down to whether Texas’ offensive weapons can break through a tough Aggie defensive line. He also predicted that Arch Manning could get playing time if Ewers isn’t at the top of his game.

You can watch the Lonestar Showdown on ABC13 on Saturday night. Kickoff is set for 6:30 p.m.

For updates on this story, follow Briana Conner on Facebook, X and Instagram.

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Texas vs. Texas A&M football picks: What the oddsmakers say

Published

20 hours ago

November 25, 2024

Press Room

Texas vs. Texas A&M football picks: What the oddsmakers say

A classic college football rivalry returns after more than a decade and with plenty on the line as Texas visits Texas A&M on Saturday night. Here’s what the oddsmakers are predicting for the game.

Texas improved to 6-1 in SEC play and stayed atop the conference standings after knocking off Kentucky, and needs to win this game in order to earn a place against Georgia in the SEC title bout.

Likewise for the Aggies, but they’re coming off a four-overtime loss against Auburn that dropped the team to 8-3 overall and 5-2 in conference games.

What do the wiseguys expect as the Longhorns and Aggies meet this weekend?

Let’s check in with the early predictions for Texas vs. Texas A&M in this Week 14 college football game, according to the oddsmakers.

Texas is a 6 point favorite against Texas A&M, according to the updated lines posted to FanDuel Sportsbook.

The book set the total at 48.5 points for the game.

And it lists the moneyline odds for Texas at -230 and for Texas A&M at +195 to win outright.

Texas: -6 (-110)
Texas A&M +6 (-110)

Over 48.5 points: -110
Under 48.5 points: -110

Texas is 6-5 against the spread (54.6%) overall this season …

Texas A&M is 3-8 (27.3%) ATS in ‘24 …

Texas is 2-2 against the spread in road games …

Texas A&M is 2-5 ATS at home …

Texas is 1-4 against the spread in its last 5 games …

A&M is 2-6 ATS in its last 8 home games …

Texas is 4-1 against the spread in its last 5 games played in Week 14 …

The total went over in 5 of Texas A&M’s last 6 games …

The total went under in 6 of Texas’ last 7 games and 7 of its last 9 road games …

A&M is 3-10 ATS in its last 13 games on a Saturday …

A plurality of bettors expect the Longhorns will take care of the Aggies on the road, according to the spread consensus picks for the game.

Texas is getting 63 percent of bets to win the game and cover the narrow point spread.

The other 37 percent of wagers project Texas A&M will either win outright in an upset or keep the game under a touchdown margin in a loss.

The game’s implied score suggests a narrow victory for the Longhorns over the Aggies.

When taking the point spread and total into consideration, it’s implied that Texas will defeat Texas A&M by a projected score of 28 to 22.

Our early pick: Texas A&M +6 … Strange things can happen at Kyle Field under the lights, especially as this intense rivalry game is resurrected, and with so much on the line, so asking for a greater than touchdown margin might be too much, and this is a game the Aggies can outright win.

When: Sat., Nov. 30
Where: College Station, Tex.

Time: 6:30 p.m. Central
TV: ABC network

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Game odds refresh periodically and are subject to change.

If you or someone you know has a gambling problem and wants help, please call 1-800-GAMBLER.

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