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Chance Robinson staying home?


Rumors have been swirling about Robinson flipping to Florida.

While he has visited UF and was interested, based on a developing relationship with Billy Gonzalez, staying home is important to his family and the potential to play with old youth football teammates, Vincent Shavers, LaWayne McCoy, Ryan Mack, Jeremiah Smith, and Joshisa Trader is something that will keep him committing to Miami.

Speaking to someone close to the situation there is no reason for concern at this point.

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John Ruiz under investigation?

Attorney John Ruiz has been at the front of NIL conversations when it comes to Miami Hurricanes athletics and according to the Miami Herald, LifeWallet, company owned by Ruiz, is the “target of federal civil and criminal investigations.” They are being led by the U.S. Securities and Exchange Commission, the U.S. Attorney’s Office for the Southern District of Florida, and FBI and IRS agents.

Although the details are not readily available, sources told the Miami Herald that SEC investigators are looking into how Ruiz represented his company to investors— specifically about its value. Multiple witnesses have been interviewed by the U.S. Attorney’s Office in Miami.

Per the Herald, Ruiz and LifeWallet are facing multiple lawsuits. They claim that Ruiz and his company owe millions of dollars to sellers of various businesses that they acquired.

The Miami Herald has learned that Ruiz and his health insurance claims company LifeWallet — previously known as MSP Recovery — are the target of federal civil and criminal investigations.

LifeWallet was once valued at more than $32 billion, but the company is now worth a small fraction of that. Its stock, which was worth more than $10 a share right before the company went public through a special purpose acquisition company, or SPAC, merger last year now trades for less than a quarter.


Read more at: https://www.miamiherald.com/news/local/article277250318.html#storylink=cpy
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