Justin Sun settles SEC fraud case for $10 million

The U.S. ‌Securities and Exchange Commission has agreed to ⁠settle its civil fraud case against Chinese cryptocurrency entrepreneur Justin Sun, ‌with ⁠one of Sun’s companies paying a $10 ⁠million penalty, a court filing ⁠showed on ⁠Thursday.

Morgan Stanley Backs Core Scientific With up to $1B Financing for Data Center Growth

Core Scientific has secured a major financing arrangement with Morgan Stanley that could provide up to $1 billion to support the company’s growing data center and digital infrastructure operations.

Core Scientific secures up to $1B credit from Morgan Stanley for data centers

The Bitcoin miner and data center operator said the financing will support infrastructure tied to high-density computing workloads, including artificial intelligence and HPC.