‘Oops’: What FTX staff wrote on spreadsheet showing $20billion in losses as co-founder Gary Wang testifies at Sam Bankman-Fried trial the company had been stealing its customers’ money for three years before it collapsed

FTX staff wrote ‘oops’ on a spreadsheet which showed it owed $20billion five months before it collapsed. A court in New York heard that Sam Bankman-Fried, the boss of the failed crypto exchange, ordered his staff to prepare the document …

READ MORE

“Ten years ago, people who were stealing were hiding products in their jackets or down their pants. These days they’re filling up a trolley and pushing it back out the front door and they don’t care who sees them.”

Cost-of-Living Stress Fuels Crime Wave in Australia, New Zealand (Bloomberg) — A man strolls out of a New Zealand supermarket carrying bags stuffed with nine stolen legs of lamb. Another pushes out a shopping cart stacked with NZ$1,500 ($896) of …

READ MORE

“The rule of law continues to decline all across California. Today’s case in point: Oakland Bay, where actual pirates are stealing and plundering ships.”

Newest Sign of California’s Decline: Pirates The rule of law continues to decline all across California. Today’s case in point: Oakland Bay estuary, where actual pirates are stealing and plundering ships: In Oakland estuary, “the threats of pirates have risen to a …

READ MORE