Elizabeth Warren Warns Elon Musk’s X Money Threatens ‘Stability of the Financial System’

In brief Senator Elizabeth Warren raised concerns about X Money’s planned April launch, citing consumer protection, national security, and financial stability risks. Warren highlighted X Money’s acquisition of 40 state money transmitter licenses and preview materials suggesting it will offer deposit accounts with up to 6% APY. The Senator also flagged a “suspicious carveout” in…

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‘Paranormal Activity’ Producer Boards SXSW Thriller ‘Imposters’

Steven Schneider has come aboard “Imposters,” Caleb Phillips’ science-fiction thriller that drew notice at SXSW Austin last month, as executive producer under his indie genre label Spooky Pictures. Schneider co-founded Spooky Pictures in 2020 with Roy Lee, with credits including “Late Night With the Devil” and “Strange Darling.” The label’s current slate includes “Hokum,” starring…

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