The frenzy over artificial intelligence may be ushering in the long-awaited moment when technology goes wild. Or maybe it’s the hype that is out of control. Story Published at: June 11, 2023 at 10:00AM Continue Reading…
Silicon Valley Confronts the Idea That the ‘Singularity’ Is Here
In Hunt for FTX Assets, Lawyers Locate Billions in Cash and Crypto
Lawyers for FTX have identified cash and digital assets that would go toward repaying customers and lenders of the collapsed exchange. Story Published at: January 17, 2023 at 11:27PM Continue Reading…
A Traditional Exchange? FTX Was Anything But.
FTX called itself an exchange. But it was vastly different from stock exchanges, which are highly regulated and barred from engaging in many of the activities FTX pursued. Story Published at: December 16, 2022 at 08:00AM Continue Reading…
Twitter Suspensions Draw International Outrage
After Elon Musk’s Twitter suspends journalists, lawmakers and press freedom advocates fire back, threatening sanctions and fines. Story Published at: December 16, 2022 at 01:44PM Continue Reading…
A Traditional Exchange? FTX Was Anything But.
FTX called itself an exchange. But it was vastly different from stock exchanges, which are highly regulated and barred from engaging in many of the activities FTX pursued. Story Published at: December 16, 2022 at 08:00AM Continue Reading…
FTX chief: Company Appeared to Use ‘Old-Fashioned Embezzlement’
The man charged with recovering customer funds from the collapsed crypto exchange described an ‘unprecedented’ lack of record keeping. Story Published at: December 13, 2022 at 07:55PM Continue Reading…
New Chief Calls FTX’s Corporate Control a ‘Complete Failure’
“This situation is unprecedented,” said John J. Ray III, who helped manage Enron after its collapse in an accounting fraud scandal in 2001. Story Published at: November 17, 2022 at 01:38PM Continue Reading…