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Consolidated Edison

112.13

+1.000.90%

Post-market: 112.130.00000.00%16:05 EDT

Volume:1.99M

Turnover:222.35M

Market Cap:40.39B

PE:21.40

High:112.38

Open:110.95

Low:110.32

Close:111.13

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Overview Company News Filings

DBV Technologies to Participate in Upcoming AAAAI/WAO Joint Congress

Consolidated Edison Is Maintained at Neutral by UBS

Evercore ISI Adjusts Price Target on Consolidated Edison to $107 From $100

MT Newswires Live

UBS Adjusts Consolidated Edison Price Target to $110 From $105, Maintains Neutral Rating

MT Newswires Live

Consolidated Edison Inc. Stock Outperforms Competitors On Strong Trading Day

Company News for Feb 24, 2025

Consolidated Edison Is Maintained at Underweight by Barclays

Consolidated Edison price target raised to $95 from $92 at Barclays

Consolidated Edison Full Year 2024 Earnings: EPS Misses Expectations

Simply Wall St.

Consolidated Edison Inc. Stock Outperforms Competitors On Strong Trading Day

BUZZ-U.S. STOCKS ON THE MOVE-MercadoLibre, CrowdStrike Holdings, Protagonist Therapeutics

BUZZ-Consolidated Edison rises after Q4 profit beat

Consolidated Edison Q4 Earnings Top Estimates, Revenues Rise Y/Y

Consolidated Edison price target raised to $96 from $92 at Guggenheim

Barclays Adjusts Consolidated Edison's Price Target to $95 From $92

MT Newswires Live

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Consolidated Edison to Post Q4 Earnings: What's in the Cards?

Consolidated Edison Inc expected to post earnings of 95 cents a share - Earnings Preview

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23:11","pubTimestamp":1740496260,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/ED/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 25, 2025 10:11 ET (15:11 GMT)","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ED"],"gpt_icon":0},{"id":"2514097852","title":"Evercore ISI Adjusts Price Target on Consolidated Edison to $107 From $100","url":"https://stock-news.laohu8.com/highlight/detail?id=2514097852","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514097852?lang=en_us&edition=fundamental","pubTime":"2025-02-25 22:20","pubTimestamp":1740493242,"startTime":"0","endTime":"0","summary":"Consolidated Edison (ED) has an average rating of hold and mean price target of $99.58, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["ED"],"gpt_icon":0},{"id":"2514091009","title":"UBS Adjusts Consolidated Edison Price Target to $110 From $105, Maintains Neutral Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2514091009","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514091009?lang=en_us&edition=fundamental","pubTime":"2025-02-25 21:42","pubTimestamp":1740490927,"startTime":"0","endTime":"0","summary":"Consolidated Edison (ED) has an average rating of hold and mean price target of $98.92, according to analysts polled by FactSet.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["ED"],"gpt_icon":0},{"id":"2514701125","title":"Consolidated Edison Inc. Stock Outperforms Competitors On Strong Trading Day","url":"https://stock-news.laohu8.com/highlight/detail?id=2514701125","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514701125?lang=en_us&edition=fundamental","pubTime":"2025-02-25 05:57","pubTimestamp":1740434220,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Consolidated Edison Inc.  rose 1.45% to $99.68 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average  rising 0.08% to 43,461.21 and the S&P 500 Index  falling 0.50% to 5,983.25.This was the stock's third consecutive day of gains.Consolidated Edison Inc. closed 7.49% short of its 52-week high of $107.75, which the company achieved on October 24th.The stock outperformed some of its competitors Monday, as Duke Energy Corp.  rose 0.32% to $115.92, Exelon Corp.  rose 0.84% to $43.35, and Sempra  rose 0.09% to $87.18.Trading volume  eclipsed its 50-day average volume of 2.4 M.Data source: Dow Jones Market Data, FactSet. Data compiled February 24, 2025.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journa","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ED"],"gpt_icon":0},{"id":"2514977511","title":"Company News for Feb 24, 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2514977511","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514977511?lang=en_us&edition=fundamental","pubTime":"2025-02-24 22:34","pubTimestamp":1740407640,"startTime":"0","endTime":"0","summary":"Shares of Arbor Realty Trust, Inc.  tumbled 13.3% after the company reported fourth-quarter 2024 earnings of $0.40 per share, missing the Zacks Consensus Estimate of $0.42 per share.Consolidated Edison, Inc.’s  shares increased 2.6% after the company reported fourth-quarter 2024 earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.97 per share.Shares of MercadoLibre, Inc.  jumped 7.1% after the company reported fourth-quarter 2024 earnings of $12.61 per share, surpassing the Zacks Consensus Estimate of $7.26 per share.Integer Holdings Corporation’s  shares declined 4% after the company reported fourth-quarter 2024 earnings of $1.43 per share, missing the Zacks Consensus Estimate of $1.46 per share.Want the latest recommendations from Zacks Investment Research?Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report. Arbor Realty Trust  : Free Stock Analysis Report. This article originally published on Zacks Investment Research .","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/company-news-feb-24-2025-143400320.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU0472753341.HKD","LU0143863198.USD","BK4110","LU0757428866.USD","BK4082","LU0069063385.USD","BK4581","LU0511384066.AUD","LU1868838027.USD","LU0029874061.USD","LU1868837722.USD","LU0210535034.USD","LU1861220033.SGD","SGXZ51526630.SGD","LU0532187761.SGD","LU0354030511.USD","LU0354030438.USD","MELI","BK4588","LU1169590202.USD","LU0170899867.USD","LU0057025933.USD","BK4548","ITGR","LU1861215975.USD","IE00BGV7N243.SGD","LU0128526141.USD","BK4585","IE00B8HQ1Z84.USD","LU0390134368.USD","LU2265009873.SGD","SGXZ81514606.USD","LU1559883803.SGD","BK4122","LU0456842615.SGD","LU0107464264.USD","LU0823411888.USD","LU1868837565.USD","LU2346227817.USD","LU0566484027.USD","BK4220","ABR","LU0289961442.SGD","LU1815336091.USD","BK4208","ED","LU2360107168.USD","LU1169589451.USD","IE00B0JY6N72.USD","LU2279701549.SGD"],"gpt_icon":0},{"id":"2513772472","title":"Consolidated Edison Is Maintained at Underweight by Barclays","url":"https://stock-news.laohu8.com/highlight/detail?id=2513772472","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513772472?lang=en_us&edition=fundamental","pubTime":"2025-02-24 22:16","pubTimestamp":1740406560,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/ED/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 24, 2025 09:16 ET (14:16 GMT)","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ED"],"gpt_icon":0},{"id":"2513745573","title":"Consolidated Edison price target raised to $95 from $92 at Barclays","url":"https://stock-news.laohu8.com/highlight/detail?id=2513745573","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513745573?lang=en_us&edition=fundamental","pubTime":"2025-02-24 17:51","pubTimestamp":1740390706,"startTime":"0","endTime":"0","summary":"Barclays analyst Nicholas Campanella raised the firm’s price target on Consolidated Edison (ED) to $95 from $92 and keeps an Underweight rating on ...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/consolidated-edison-price-target-raised-to-95-from-92-at-barclays?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/consolidated-edison-price-target-raised-to-95-from-92-at-barclays?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["ED"],"gpt_icon":0},{"id":"2513072279","title":"Consolidated Edison Full Year 2024 Earnings: EPS Misses Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=2513072279","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513072279?lang=en_us&edition=fundamental","pubTime":"2025-02-22 20:05","pubTimestamp":1740225914,"startTime":"0","endTime":"0","summary":"Profit margin: 12% . The decrease in margin was driven by higher expenses.NYSE:ED Earnings and Revenue Growth February 22nd 2025. All figures shown in the chart above are for the trailing 12 month  period. Revenue was in line with analyst estimates. Earnings per share  missed analyst estimates by 1.3%.Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Integrated Utilities industry in the US.The company's shares are up 3.5% from a week ago.Before we wrap up, we've discovered 3 warning signs for Consolidated Edison (1 doesn't sit too well with us!","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/consolidated-edison-full-2024-earnings-120514499.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["ED"],"gpt_icon":0},{"id":"2513248795","title":"Consolidated Edison Inc. Stock Outperforms Competitors On Strong Trading Day","url":"https://stock-news.laohu8.com/highlight/detail?id=2513248795","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513248795?lang=en_us&edition=fundamental","pubTime":"2025-02-22 05:57","pubTimestamp":1740175020,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Consolidated Edison Inc.  advanced 2.61% to $98.26 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index  falling 1.71% to 6,013.13 and Dow Jones Industrial Average  falling 1.69% to 43,428.02.This was the stock's second consecutive day of gains.Consolidated Edison Inc. closed 8.81% below its 52-week high of $107.75, which the company achieved on October 24th.The stock outperformed some of its competitors Friday, as Duke Energy Corp.  rose 2.11% to $115.55, Exelon Corp.  rose 0.51% to $43.39, and Sempra  rose 1.27% to $87.10.Trading volume  eclipsed its 50-day average volume of 2.3 M.Data source: Dow Jones Market Data, FactSet. Data compiled February 21, 2025.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ED"],"gpt_icon":0},{"id":"2513821832","title":"BUZZ-U.S. STOCKS ON THE MOVE-MercadoLibre, CrowdStrike Holdings, Protagonist Therapeutics","url":"https://stock-news.laohu8.com/highlight/detail?id=2513821832","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513821832?lang=en_us&edition=fundamental","pubTime":"2025-02-22 01:18","pubTimestamp":1740158328,"startTime":"0","endTime":"0","summary":"BUZZ-U.S. STOCKS ON THE MOVE-MercadoLibre, CrowdStrike Holdings, Protagonist Therapeutics Eikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Mo","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250221:nL3N3PC1FF:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CMCM","LU2237957811.SGD","FND","UNH","MELI","LU0588545490.SGD","ED","RL","SEM","ODFL","WAY","CON","BLUE","BKNG","UPC","89618","BK4023","ACCO","HBCP","RLX","ASBP","MGTX","CRWD","LU0496365809.HKD","WST","MNDR","SEI","SLRN","RIVN","LU2272731782.SGD","FSUN","PTGX","ATMU","COIN","AMAL","GLOB","AKAM","GKOS","CELH"],"gpt_icon":1},{"id":"2513910032","title":"BUZZ-Consolidated Edison rises after Q4 profit beat","url":"https://stock-news.laohu8.com/highlight/detail?id=2513910032","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513910032?lang=en_us&edition=fundamental","pubTime":"2025-02-21 23:31","pubTimestamp":1740151894,"startTime":"0","endTime":"0","summary":"BUZZ-Consolidated Edison rises after Q4 profit beat** Shares of utility Consolidated Edison ED.N rise 2.3% to $97.99 ** Company beats Q4 profit estimates helped by higher electricity rates** Reports Q4 adj profit of 98 cents/share vs est of 95 cents/share - data compiled by LSEG** Company expects its adj profit for 2025 to be between $5.50 and $5.70/share vs estimate of $5.63/share** ED expects its capital expenditure to be $5.12 billion in 2025 and $8.07 billion in 2026** Including session's moves, shares were up 9.6% YTD  ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250221:nL3N3PC0VL:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4208","LU0170899867.USD","BK4585","BK4588","LU2346227817.USD","ED"],"gpt_icon":0},{"id":"2513297868","title":"Consolidated Edison Q4 Earnings Top Estimates, Revenues Rise Y/Y","url":"https://stock-news.laohu8.com/highlight/detail?id=2513297868","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513297868?lang=en_us&edition=fundamental","pubTime":"2025-02-21 23:13","pubTimestamp":1740150780,"startTime":"0","endTime":"0","summary":"Consolidated Edison, Inc. ED reported fourth-quarter 2024 adjusted earnings of 98 cents per share, which beat the Zacks Consensus Estimate of 97 cents per share by 1%. However, the bottom line declined 2% from $1 per share recorded in the prior-year quarter.Find the latest earnings estimates and surprises on Zacks Earnings Calendar.The company posted GAAP earnings of 90 cents per share compared with 97 cents per share in the fourth quarter of 2023.The year-over-year deterioration can be attributed to higher operating expenses and interest expenses incurred in the fourth quarter of 2024 compared to the prior-year quarter’s comparable level.For 2024, the company generated adjusted earnings of $5.40 per share compared with $5.07 in 2023.Consolidated Edison Inc Price, Consensus and EPS Surprise. Consolidated Edison Inc price-consensus-eps-surprise-chart | Consolidated Edison Inc Quote. Consolidated Edison initiated its 2025 guidance. It expects to generate adjusted earnings per share  in t","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/consolidated-edison-q4-earnings-top-151300375.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["ED"],"gpt_icon":0},{"id":"2513615442","title":"Consolidated Edison price target raised to $96 from $92 at Guggenheim","url":"https://stock-news.laohu8.com/highlight/detail?id=2513615442","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513615442?lang=en_us&edition=fundamental","pubTime":"2025-02-21 19:51","pubTimestamp":1740138707,"startTime":"0","endTime":"0","summary":"Guggenheim raised the firm’s 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DolanWorld markets were subdued on Thursday by simmering trade 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Edison to Post Q4 Earnings: What's in the Cards?","url":"https://stock-news.laohu8.com/highlight/detail?id=2512490484","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512490484?lang=en_us&edition=fundamental","pubTime":"2025-02-19 23:22","pubTimestamp":1739978520,"startTime":"0","endTime":"0","summary":"Consolidated Edison Inc price-eps-surprise | Consolidated Edison Inc Quote. Our proven model does not conclusively predict an earnings beat for ED this time. The combination of a positive Earnings ESP and a Zacks Rank #1 , 2  or 3  increases the odds of an earnings beat, which is not the case here, as you will see below.ED’s Earnings ESP: ED has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.ED’s Zacks Rank: Consolidated Edison currently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/consolidated-edison-post-q4-earnings-152200350.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["ED","POST"],"gpt_icon":0},{"id":"2512190894","title":"Consolidated Edison Inc  expected to post earnings of 95 cents a share - Earnings Preview","url":"https://stock-news.laohu8.com/highlight/detail?id=2512190894","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512190894?lang=en_us&edition=fundamental","pubTime":"2025-02-19 05:39","pubTimestamp":1739914780,"startTime":"0","endTime":"0","summary":"Consolidated Edison Inc  expected to post earnings of95cents a share - Earnings Preview Consolidated Edison Inc ED.N, ED is expected to show a rise in quarterly revenue when it reports  results on Feb","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250218:nL5N3P92DG:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["NYC","ED"],"gpt_icon":0},{"id":"2512295770","title":"India Seizes $190M in Crypto as Bitconnect Scam’s Global Fallout Continues","url":"https://stock-news.laohu8.com/highlight/detail?id=2512295770","media":"CoinMarketCap","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512295770?lang=en_us&edition=fundamental","pubTime":"2025-02-17 05:49","pubTimestamp":1739742563,"startTime":"0","endTime":"0","summary":"Indian authorities seize $190M in crypto, exposing Bitconnect’s lasting damage and ongoing global fraud investigations.Bitconnect’s Ponzi scheme lured thousands with false promises, leaving victims desperate and authorities chasing lost funds.Investigators track stolen assets using advanced tools, uncovering dark web transactions and luxury purchases tied to the scam.Nearly $190 million worth of Bitcoin connected to Bitconnect has been seized by Indian authorities. Targeting assets linked to the fraudulent platform, the Enforcement Directorate  carried out raids in Gujarat. One of the largest Ponzi schemes in the cryptocurrency industry is the subject of an ongoing investigation, which includes this action.In addition, during the raids, authorities found an SUV, cash, and technological devices. According to the inquiry, Bitconnect's operators deceived investors by guaranteeing them large returns on their capital. 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