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BetaShares Holdings Pty Ltd.
CRED.AU
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AI platform CRED raises $15M to enhance predictive intelligence for businesses using real-world signals.

CRED utilizes a combination of business systems, predictive intelligence, and real-world data to produce contextual insights aimed at boosting revenue and operational efficiency. On June 30, 2025, the AI-driven predictive intelligence platform, CRED, disclosed a successful fundraising effort, increasing its financial backing.

Unusual Whales·
Unusual Whales·

Former Cred execs admit to wire fraud over $150M crypto collapse. Sentencing set for Aug. Plea deal details selective info disclosure. Losses from collapse climb to $783M. Other execs facing charges & court outcomes detailed.

Former Cred CEO Daniel Schatt and CFO Joseph Podulka pleaded guilty to wire fraud related to the company's bankruptcy, admitting to selectively disclosing information to mislead customers. They face potential sentences of up to 72 and 62 months, respectively, with fines up to $250,000. Customer losses from the collapse are estimated between $150 million and $783 million. Other executives, including James Alexander, are also implicated, alongside legal actions against other crypto industry figures. Sentencing is scheduled for August.

Unusual Whales·
Unusual Whales·