Thank God FTX Won’t Be Coming Back
Photo: TIMOTHY A. CLARY / AFP (Getty Images)It’s official: There will be no further attempts to salvage FTX. The once…
Bitcoin Freefalls to Two-Month Low After SpaceX Write-Down
Image: tungtaechit (Shutterstock)If the spectacular failure of Sam Bankman-Fried’s FTX exchange wasn’t evidence enough, the crypto bubble has officially popped.…
Israeli AI Startup Vesttoo Files for Bankruptcy Following Fraud Allegations
Vesttoo, an Israeli startup that aims to use artificial intelligence in the insurance industry, filed for bankruptcy in the U.S.…
SBF Gets a New Indictment for Political Contributions
Ex-FTX CEO Sam Bankman-Fried is again being accused of campaign finance violations. This time, prosecutors say the once-crypto kingpin used…
CoinDesk Cuts a Reported 45% of Staff Ahead of Potential Sale
Image: Sharaf Maksumov (Shutterstock)The finger-on-the-pulse and Polk Award-winning crypto news media company CoinDesk is in dire straits. The website has…
Supreme Court Review of Purdue Settlement Could Shake Bankruptcy System
The U.S. Supreme Court’s decision to review Purdue Pharma’s chapter 11 case poses a threat to the grants of legal…
Judge Revokes Sam Bankman-Fried’s Bail, Throws Him Back in Jail
A federal judge said there’s evidence Sam Bankman-Fried twice tried to discredit witnesses by leaking sensitive documents to the press.Photo:…
Opinion | Trump’s Jan. 6 Trial: We Owe It to History
Peggy Noonan is an opinion columnist at the Wall Street Journal where her column, "Declarations," has run since 2000. She…
Materiality Definition Seen as Tough Task in New SEC Cyber Rules
New rules governing when publicly traded companies must report serious cyberattacks to financial regulators center on materiality. Executives disagree on…
Why Opioid Settlements Worth Over $8 Billion Are at Risk of Falling Apart
A number of prescription opioid manufacturers, including OxyContin developer Purdue Pharma and generics maker Mallinckrodt, have agreed to pay billions…