Financial
Changpeng Zhao — Scale Without Accountability
Changpeng Zhao, the founder of Binance, built the largest cryptocurrency exchange in the world while regulators repeatedly warned the company about compliance failures. U.S. authorities alleged Binance allowed transactions that violated anti-money laundering rules and failed to properly monitor illicit activity flowing through the platform. In late developments continuing into
Sam Bankman-Fried — The Collapse That Took Billions With It
Sam Bankman-Fried built FTX into one of the largest cryptocurrency exchanges in the world, marketing it as a secure and trustworthy platform for everyday users and institutional investors. Behind the scenes, prosecutors showed that customer funds were diverted to Alameda Research, a trading firm he controlled, where they were used
California Spending $9.5B on Healthcare for Undocumented Immigrants
By Kenneth Schrupp | The Center Square California officials told legislators that the state is spending $9.5 billion on healthcare for illegal immigrants in the current 2024-2025 budget. With the governor’s proposed budget including a $7 billion reserve withdrawal and deficits expected to soon rise to $30 billion, and federal funding likely