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Investors thought they were buying pre-IPO OpenAI and SpaceX shares. Their cash went to strip clubs, Bloomingdale’s, and shopping on Amazon, SEC alleges

One fund manager allegedly paid his 4 a.m. strip club bill from fund capital after his card was declined.

Investors thought they were buying pre-IPO OpenAI and SpaceX shares. Their cash went to strip clubs, Bloomingdale’s, and shopping on Amazon, SEC alleges

We haven't written up this one. Fortune has the full story — the link below goes straight to it.

Read the original at fortune.com →

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Trend vs. Hype

In this episode of Motley Fool Hidden Gems Investing, Motley Fool contributors Tyler Crowe, Matt Frankel, and Jon Quast discuss:

Mercuryo Waives Its Fees on First Three Crypto Purchases for New MetaMask Users in Canada

Mercuryo announced in London on September 30, 2026, that it will waive its fees on the first three purchases converting traditional currency into cryptocurrency for new MetaMask users in Canada.

  • Mercuryo waives fees on first three crypto purchases for new MetaMask users in Canada.
  • Promotion runs from September 30 to October 31, 2026.
  • Eligible purchases made with credit cards, debit cards, or Apple Pay using CAD or USD.

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