Finance

Elon Musk’s Attorney to Lead New $200 Million Dogecoin Treasury Initiative, Spotlighting Crypto’s Growing Role in Public Finance

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Miami, Florida — A significant new venture is making headlines as a $200 million treasury initiative focused on Dogecoin (DOGE) takes shape. At the forefront of this initiative is Alex Spiro, an attorney known for representing high-profile clients, including Elon Musk. Spiro is set to lead a proposed public company aimed at providing investors with stock-market exposure to Dogecoin without requiring direct ownership of the digital currency. The initiative is being promoted by House of Doge, a corporate entity established in early 2025 by the Dogecoin Foundation, which operates out of Miami. Details regarding the … Read more

"Alabama’s Campaign Finance System Under Fire as $1 Million Donation Fuels Attorney General Race"

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BIRMINGHAM, Ala. — In a significant move, the nonprofit First Principles Action Inc. made history on June 30 by contributing $1 million to Katherine Robertson’s campaign for Alabama attorney general, marking the largest political donation ever recorded in a statewide race in Alabama. First Principles Action was established following the creation of its parent organization, First Principles, in December 2024. The organization operates out of a Nashville office building that also houses various law firms and businesses, including Blue Cross/Blue Shield of Tennessee. While its leader, Peter Bisbee, has previously served as the executive director … Read more

Maxine Waters Faces FEC Heat Over Campaign Finance Violations and Daughter’s Controversial Payments

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Progressive Representative Maxine Waters of California is facing scrutiny from the Federal Election Commission over alleged violations related to her 2020 campaign finances. The FEC found that Waters’s campaign accepted more than $19,000 in excessive contributions and made $7,000 in cash payments to volunteers, violating established regulations. In a recent agreement with the FEC, the Waters campaign accepted a $68,000 fine. The violations were attributed to challenges posed by the COVID-19 pandemic, which made traditional payment methods more difficult for her canvassing team. An attorney representing the campaign stated that the errors were largely unintentional … Read more

Hedge Fund Davidson Kempner Illuminates the Shadows of Litigation Finance with Patent Stakes Against Amazon’s Audible

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New York, N.Y. — Davidson Kempner Capital Management has emerged as a prominent financier in ongoing patent litigation against Amazon’s Audible Inc., marking the hedge fund’s first public acknowledgment in the burgeoning realm of litigation finance. This $16.1 billion industry is captured by the investment community’s increasing interest, as hedge funds and private equity firms explore opportunities to back lawsuits. Traditionally, funders in litigation finance are vocal about their services and actively engage with law firms seeking support. However, many investment managers, including Davidson Kempner, often prefer to operate discreetly, revealing their involvement only through … Read more