Do Kwon, once a big shot in the crypto world, got a hefty 15-year prison sentence. His downfall? A massive $40 billion fraud that shook the crypto market. Kwon, a Stanford grad, had a knack for making people trust him. He convinced investors that his stablecoin, TerraUSD, was a safe bet. But it was
Do Kwon, the co-founder of Terraform Labs, has been sentenced to 15 years in prison. This comes after he admitted to wire fraud and conspiracy to defraud. The judge in New York made this decision after hearing from people who lost money because of Kwon's actions. The collapse of Terraform Labs in 2
The current administration is making a big move to cut back on rules and regulations. They believe this will help the economy grow faster. This push is part of a larger plan to boost the economy before important elections next year. The idea is to make it easier for businesses to operate. This, in
Robinhood's stock price dropped around 9% recently. This happened after the company reported lower trading activity across different markets. In November, trading volumes fell by 37% for stocks, 28% for options, and 12% for cryptocurrencies. This decline is likely due to worries about market bubbles
IndyCar is shaking things up with a new independent officiating board. Starting in 2026, this board will be in charge of overseeing the IndyCar Series and the Indy NXT development series. The board will have three members, and they will work under a new non-profit organization called IndyCar Officia
In a recent decision, Pennsylvania's finance board ruled that graduate stipends are not subject to state income tax. This came after a University of Pittsburgh student argued that her PhD stipend, which she relied on to cover living expenses, should not be taxed. The board agreed, stating that the s
South Park's latest festive special didn't shy away from controversy. It wrapped up a season filled with heated debates and record-breaking ratings. The show's creators, Matt Stone and Trey Parker, are known for their last-minute writing process. This time, they surprised fans by avoiding a big, exp
Timothée Chalamet is doing things differently to promote his new movie, "Marty Supreme. " He's not just sticking to the usual interviews and talk shows. Instead, he's using creative and unexpected ways to get people excited about the film. One of his first moves was inviting fans to a special scree
In a shocking turn of events, a bookkeeper named Lori Jakubowski has been accused of stealing a whopping $2. 5 million from Fresco by Scotto, a well-known Italian restaurant in New York City. This heist took place over seven long years, with Jakubowski creatively siphoning money in various ways. She
A recent investigation into banks cutting off services to certain customers has wrapped up with little to show. The Office of the Comptroller of the Currency, led by Trump appointee Jonathan Gould, looked into claims that banks were unfairly denying services based on political beliefs. This came aft
