Independent thinking for complex markets and current events
NEW YORK — Terraform Labs co-founder Do Kwon was sentenced to 15 years in prison on Wednesday for his role in a massive fraud that saw roughly $50 billion wiped from the crypto ecosystem over the course of just three days in May 2022. The sentence, handed down by District Judge Paul Engelmeyer of the …
When political favors swirl around famous names, the public gets the least interesting version of events. Trump’s possible pardon for a certain music mogul has the headlines but misses the backstage deal-making that matters. “Such considerations reflect broader negotiations, not just legal judgment,” one insider explained, revealing the complexity beneath the surface. https://deadline.com/2025/07/combs-pardon-trump-seriously-considering-1236468313/ This is …
NEW York City real estate tycoon Brandon Miller had almost $34 million in debt before he died by suicide. Miller had only $8,000 in his bank account when he died in July, legal documents show. Miller was married to the influencer Candice Miller, who runs the popular lifestyle blog Mama and Tata. The second-generation businessman …
The Bayesian, a 184-foot sailboat, sank off the coast of Palermo, Sicily, during a violent storm at around 5 a.m. local time (11 p.m. ET) on August 19, 2024. The yacht was carrying 22 people at the time of the incident. One person tragically lost their life in the sinking, and six passengers remain missing1. Among those missing is Mike Lynch, a British …
‘People are going to start taking matters into their own hands’ Shawn Meaike, who went on to build fruitful business in waste management and life insurance after thriving in real estate, said that he began investing rental properties in his early 20s as a way to add additional income. He eventually accumulated hundreds of properties, …