US Treasury Secretary Scott Bessent orders the CFPB to stop activities, like rulemaking, communications, and litigation; in November, Musk said to “delete CFPB”
Search by Topic — Treasury Secretary Scott Bessent has shut down a wide variety of operations inside …
Sources: Marko Elez, a 25-year-old Elon Musk-linked engineer, has admin privileges over Treasury Department code that controls Social Security payments and more
The Bureau of the Fiscal Service is a sleepy part of the Treasury Department. It's also where, sources say …
Trump pardons Silk Road creator Ross Ulbricht, a crypto and libertarian cult hero serving a life sentence since 2015 on money laundering, drug charges, and more
Ross Ulbricht was serving a life sentence for creating a site in a shady corner of the internet to sell heroin, cocaine and other illicit substances.
Analysis: Truth Social is increasingly reliant on niche ad campaigns that target hard-core Trump fans and Christian conservatives, often with small ad budgets
Donald J. Trump's social network is increasingly relying on a niche of the ad market that caters to hard-core Trump fans and Christian conservatives for revenue. X: @konrad_it , @m...
Analysis: Truth Social is increasingly reliant on niche ad campaigns that target hard-core Trump fans and Christian conservatives, often with small ad budgets
Donald J. Trump's social network is increasingly relying on a niche of the ad market that caters to hard-core Trump fans and Christian conservatives for revenue. X: @konrad_it , @m...
Digital World Acquisition Corp. reaches a tentative US SEC settlement over its planned Trump Media merger, agreeing to pay $18M and to revise some filings
Search in All. — Search in Internal Sections Only. — Search in External Sections Only. Kia Kokalitcheva / Axios : Truth Social-tied SPAC says it has tentative SEC settlement Ar...
Digital World Acquisition Corp. reaches a tentative US SEC settlement over its planned Trump Media merger, agreeing to pay $18M and to revise some filings
Search in All. — Search in Internal Sections Only. — Search in External Sections Only. Kia Kokalitcheva / Axios : Truth Social-tied SPAC says it has tentative SEC settlement Ar...
Binance.US suspends USD deposits and notifies customers that their banking partners are preparing to pause fiat withdrawal channels as early as June 13
Binance.US on Thursday said the company is suspending USD deposits while notifying customers that their banking partners are preparing to pause fiat …
Court documents: the SEC accuses Binance and Binance.US of redirecting $12B+ in customer assets to entities controlled by co-founder CZ between 2019 and 2021
If you are wilfully violating securities law, I have some advice: do not put … Allyson Versprille / Bloomberg : Elizabeth Warren Says Binance Appears to Have Lied to Lawmakers Wall...
Court filings: Binance's lawyers allege SEC Chair Gary Gensler offered to be an advisor to the company in March 2019 when he was teaching at MIT Sloan
- According to a new filing from Binance's lawyers, SEC Chair Gary Gensler offered to be an advisor to the crypto exchange in 2019.
Court documents: the SEC accuses Binance and Binance.US of redirecting $12B+ in customer assets to entities controlled by Changpeng Zhao between 2019 and 2021
The Securities and Exchange Commission has accused Binance and Binance.US of redirecting over $12 billion in customer assets …
The FDIC plans to sell all of Signature Bank's 40 branches to Flagstar Bank, as well as some Signature loans and deposits not in its digital banking business
Bloomberg reports: — “Signature Bank's crypto-related deposits will be returned to customers directly … Michael Farrell : I am pleased to announce that Signature Bridge Bank, N.A...
An FTX bankruptcy filing describes $3.2B+ in payments and loans to founders and executives, chiefly from Alameda Research, including ~$2.2B to Sam Bankman-Fried
Identify Over $3.2 Billion in Transfers to Founders and Key Employees — Forensic Work Continues on Intercompany and Other Transactions
Sources: FTX lawyers and hedge fund Modulo are negotiating the return of Sam Bankman-Fried's $400M investment in Modulo, currently sitting in a JPMorgan account
The founders of the trading firm Modulo Capital are in talks with FTX about returning the investment that Sam Bankman-Fried made in the fund.
A look at Sam Bankman-Fried's $400M investment in obscure hedge fund Modulo, shortly before FTX collapsed; Modulo's executives had close ties to SBF and FTX
After the collapse of FTX, prosecutors and lawyers have scrutinized its discredited founder's huge investment in Modulo Capital. Tweets: @niubi , @niubi , @jessicakmathews , @macro...
Sam Bankman-Fried publishes a Substack post offering his account of how FTX collapsed, sticking to his claims of innocence even after ex-executives pled guilty
think there shouldn't be a paying option anymore... Dave Weisberger / @daveweisberger1 : https://www.wsj.com/... It is tiresome to read SBF's half truths. 1/ His claims about Binan...
Sam Bankman-Fried publishes a Substack post offering his account of how FTX collapsed, sticking to his claims of innocence, even as ex-executives plead guilty
Disgraced FTX founder Sam Bankman-Fried on Thursday published his account of how the crypto company collapsed.
Coinbase plans to lay off a further ~950 employees, or ~20% of its workforce, seeking to reduce its operating expenses by 25% QoQ; Coinbase laid off 18% in June
- Coinbase is cutting a fifth of its workforce following an 18% staff reduction in June. — CEO Brian Armstrong pointed …
FOIA emails detail Sam Bankman-Fried's courtship of US federal regulators, including hiring former regulators and dining with ex-CFTC Commissioner Dan Berkovitz
Before his mid-December arrest, cryptocurrency billionaire Sam Bankman-Fried repeatedly claimed that he was a responsible business leader …
Plea hearing court transcript: Caroline Ellison said she and Sam Bankman-Fried knowingly misled investors, lenders, and customers that Alameda borrowed from FTX
bond packages only require around 10-15% of the total amount to be paid. Teflon Tom / @agrizzi8 : This case offers an insight into the world of crypto. Rather than accidental, the ...