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Kritika Sarmah

1 Stock You Shouldn’t Wait on to Recover Anytime Soon

SOFI Kritika SarmahHer SoFi Technologies Inc

Recently, digital financial services provider SoFi Technologies, Inc.’s (SOFI) shares rocketed after Anthony Noto, the CEO, disclosed a whopping $5 million purchase of the company’s stock. The company also reported better-than-expected third-quarter results.

However, the fintech firm may face headwinds related to its cryptocurrency operations. A group of senators, who are now scrutinizing the crypto industry following the FTX blowup, sent a letter to SOFI, requesting to review the neo-banking firm’s cryptocurrency-market dealings.

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