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Sorry about that, Tom.
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Lawmakers should make sure there are clear differences between centralized and decentralized exchanges, and they shouldn't be forced to follow rules that don't fit the risks they face.
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Even though there were many reasons to be skeptical of cryptocurrency schemes, the idea of the strange genius doing amazing things was too good to pass up.
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Bitfront, a U.S. cryptocurrency exchange backed by the Japanese social media company Line Corp, said it has stopped accepting new sign-ups and credit card payments and will stop doing business in a few months, even though it is trying to deal with problems in an industry that is changing quickly.
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Sam Bankman-Fried's rise and fall shows how we live now: we tweet instead of read.
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Many investors forget that when it's easy to make money, even people who aren't very good at money can make themselves look like real geniuses.
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The arrogance and lack of skill of business giants is an old story. But the risk has grown because digital technology is so easy to scale up.
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'I can’t tell you not to own crypto; I own ethereum.'
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Thursday, shares of cryptocurrency exchange Coinbase fell more than 11% after the Consumer Price Index showed that inflation kept going up in September, which was not what Wall Street expected.
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Michael Alan Stollery, the project's CEO, pled guilty to one count of securities fraud and faces life in prison.