Hiltzik: The devastation of Sam Bankman-Fried's fraud
Sam Bankman-Fried's lawyers say he still has a lot to contribute to society. His prosecutors say he's still lying. The difference can be measured in decades in prison.
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Sam Bankman-Fried's lawyers say he still has a lot to contribute to society. His prosecutors say he's still lying. The difference can be measured in decades in prison.
Vanguard has a long history of denying its customers access to investments it believes are dumb. Now it has added crypto to the list.
The criminal convictions of Sam Bankman-Fried and the Binance gang just mark the beginning of the U.S. government's drive to expose crypto as a tool for fraud and money-laundering. Yet some politicians are still trying to polish its reputation.
Sequoia Capital is one of Silicon Valley's biggest and most sophisticated investment firms. So how did it get taken by the crypto scammer Sam Bankman-Fried?
The ridiculous story of Sam Bankman-Fried, FTX and cryptocurrency generally is aired in two new books, but only one is worth reading and it's not by bestselling author Michael Lewis.