ChainCatcher news, according to Jinshi reports, the Federal Trade Commission announced that GameStop CEO Ryan Cohen will pay a fine of approximately $1 million for violating antitrust laws.

ChainCatcher news, according to Decrypt, last Friday Keith Gill (also known as Roaring Kitty) was hit with a class-action lawsuit, claiming that his extensive promotion on social media inflated the stock price of GameStop (GME) for his own benefit. The plaintiffs voluntarily withdrew the lawsuit on Monday.The case lingered on the court's docket for only one business day, and just hours after the court issued a subpoena to Gill, requiring him to respond to the complaint within 21 days, the lawsuit was withdrawn. The plaintiffs' attorney notified the court in two sentences that they would dismiss the lawsuit without prejudice.It is reported that since the case was dismissed without any impact, the plaintiffs may refile against Gill in the future.Previous news, GMP call option holder Martin Radev, through his law firm Pomerantz, filed a lawsuit against Roaring Kitty in the Eastern District of New York on June 28, accusing him of orchestrating a "pump and dump" scheme through a series of social media posts starting from May 13.

ChainCatcher news, according to Bloomberg, GameStop CEO Ryan Cohen stated at the annual shareholders' meeting on Monday that he is focused on making the struggling video game retailer profitable and plans to avoid extreme stock price fluctuations caused by "hype." Cohen emphasized that revenue without profit and future cash flow prospects is meaningless to shareholders, and he plans to reduce the store network while expanding the variety of high-value products.Notably, the return of meme stock trader Keith Gill and mysterious posts drove GameStop's stock price to surge 167% for a time, adding $11 billion to its market value. However, the stock price fell 13% on Monday afternoon. Game industry analysts pointed out that GameStop's challenge lies in how to maintain profitability while scaling back its store operations and finding new growth points to offset declining sales.

ChainCatcher news, according to Reuters, the Massachusetts securities regulator is investigating the trading activities of GameStop (GME.N) and the trading activities of well-known investor Keith Gill. A spokesperson for the state's top securities regulator, Bill Galvin, confirmed that Gill's activities are under investigation but declined to comment further.Regulatory investigations do not typically indicate wrongdoing and do not lead to enforcement actions. Galvin previously investigated Gill's activities in 2021 but closed the case after reaching a settlement with Gill's former employer, MassMutual, over supervisory issues. Screenshots of trading on Reddit related to GameStop sparked a "meme stock" craze, but the U.S. Securities and Exchange Commission (SEC) found no evidence that short sellers were driving the frenzy after investigating and concluded that the market system was functioning well.Previous news, according to Caixin, the SEC is reviewing certain trades of GameStop call options, and the SEC is examining trades before and after Keith Gill's social media posts.

ChainCatcher news, according to Caixin, the U.S. Securities and Exchange Commission (SEC) is reviewing certain trades of Gamestop call options, and the SEC is examining the trades before and after Keith Gill's social media posts.Previous news, according to The Wall Street Journal, YouTube streamer "Roaring Kitty" (Keith Gill), who once helped drive up GameStop's stock price, may be delisted from the retail trading platform ETrade. Insiders say that investment giant Morgan Stanley's ETrade is "increasingly concerned that his recent purchases of GameStop (GME) stock may involve stock manipulation."

ChainCatcher news, according to The Wall Street Journal, YouTube streamer "Roaring Kitty" (Keith Gill), who once helped drive up GameStop's stock price, may be delisted from the retail trading platform ETrade. Sources indicate that investment giant Morgan Stanley's ETrade is "increasingly concerned that his recent purchases of GameStop (GME) stock may involve stock manipulation."The Wall Street Journal reported that since Roaring Kitty reappeared on Twitter (now X platform) in mid-May, Morgan Stanley employees have been monitoring Kitty's ETrade account. ETrade employees "found that he purchased call options before his tweets were posted," and "Kitty's trades may have profited from stock price fluctuations triggered by his tweets." With a new surge of activity surrounding GME, ETrade seems to be considering halting Kitty's trading. According to a Reddit post, if his latest bet—that GME stock will exceed $20 on June 21—proves true, he stands to make a significant profit. Those who follow him would also benefit. Morgan Stanley has hired financial crime departments and external consultants regarding this matter, but the company knows that taking action would mean "drawing the attention of his meme army," and Morgan Stanley employees are also concerned that closing Kitty's account could lead to the company losing ETrade customers.Previous news, Roaring Kitty posted on Reddit for the first time in three years, with Meme coin GME rising over 233% in 24 hours.

ChainCatcher news, the Reddit platform shows that Roaring Kitty (Reddit ID: DeepFuckingValue) has posted on Reddit again after three years. The images displayed in the post show that he holds $65 million worth of Gamestop call options, with a strike price of $21 and an expiration date of June 21.According to Coingecko market data, the Meme coin GME on the Solana chain is currently priced at 0.01218 USDT, with a 24H increase of 233%.

ChainCatcher news, GameStop has applied to sell up to 45 million shares and stated that it will use the proceeds for acquisitions and other matters, with pre-market losses widening to 22%, and no significant changes in financial condition.

ChainCatcher news, according to Jinshi reports, U.S. stocks opened with the three major indices near flat. GameStop opened down 15%, and AMC theaters fell 8%.

ChainCatcher news, GameStop continued its decline today, triggering a halt after dropping 25%. After resuming, the current decline has exceeded 30%, with the stock price dipping to a low of $31.56.

ChainCatcher news, market data shows that GameStop (GME.N) is down 13.03% in pre-market trading.

ChainCatcher message, according to the monitoring by Shield, the price of the GME token impersonating "GameStop" on Ethereum has plummeted by 100%. The account with the address 0xcbae...3536 dumped 1,434,204,649,380.8 GME tokens for about 93.2 WETH (worth approximately $270,000).

ChainCatcher News, the official account of the American financial big data service provider Quiver Quantitative, stated on social media that Renaissance Technologies, founded by the legendary mathematician Jim Simons, has submitted a holdings update. The company opened a new position of $12.5 million in GameStop (GME) in the first quarter.

ChainCatcher news, according to Jinshi reports, U.S. stocks opened with the three major indices near flat, but similar to yesterday's situation, GameStop triggered a trading halt with a rise of 113%.

ChainCatcher news, ORTEX indicates that GameStop short sellers are set to lose $1.2 billion based on a pre-market price of $48.75 on Tuesday. As GameStop's stock price soared on Tuesday, GameStop short sellers have lost $2.5 billion so far this month.