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All posts tagged "Ethereum"

Busted: 62 members of Congress caught breaking the law

Busted: 62 members of Congress caught breaking the law

At least 62 members of 118th Congress have violated a federal insider trading and conflicts-of-interest law, a Raw Story analysis of congressional financial disclosures reveals.

Most of these violations involve failures to properly disclose stock trades as required by the Stop Trading on Congressional Knowledge (STOCK) Act of 2012. Some involve not abiding by the transparency and personal financial disclosure requirements first outlined in the STOCK Act's post-Watergate predecessor, the Ethics in Government Act of 1978.

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FTX collapse: Bankman-Fried's golden house arrest about to get worse

FTX collapse: Bankman-Fried's golden house arrest about to get worse

By Luc Olinga Federal prosecutors demand that the former crypto king be limited to using a flip phone and only access a restricted list of websites. Sam Bankman-Fried, 30, had it coming. The founder of bankrupt cryptocurrency exchange FTX and its sister company Alameda Research could see his pre-trial living conditions further constrained. He, who until now enjoyed great freedom, could see his life being very restricted. In fact, federal prosecutors asked the court in charge of his case on Mar. 3 to approve restrictions on his use of communication services and tools. These requests are part of......
On Reddit, Gen-Z and Millenials blame boomers for the recession

On Reddit, Gen-Z and Millenials blame boomers for the recession

By Luc Olinga The crypto crisis and the potential recession are for Gen Z and some Millennials their first big financial storms as investors. Some were still children when the financial crisis hit the world in 2008. From that crisis, caused by the collapse of subprime mortgages, Gen Z and millennials often saw only images of Lehman Brothers employees leaving their offices in New York with their boxes in their hands or images of abandoned houses in the Midwest and Florida. At the time, social media had not yet become such an important part of our daily lives. Fourteen years later, the world is ......