Chris Dolmetsch Bloomberg
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Once Worth $30 Billion, Archegos Founder Says He's Just a Millionaire Now
Archegos Capital Management founder Bill Hwang, whose family office's soaring portfolio briefly made him worth more than $30 billion, said he now only has around $55 million.
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Banker Brijesh Goel Convicted In US. Friend Testified Against Him
A former Goldman Sachs Group Inc. banker was found guilty of passing inside information on deals to a once-close friend and squash partner who became the prosecution's star witness.
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Sam Bankman-Fried Banned From Using VPNs, Former FTX CEO Says He Used It for Football
Former FTX CEO Sam Bankman-Fried was banned from using virtual private networks while out on bail, as a judge expressed concern that VPNs present similar risks to the FTX co-founder’s use of encrypted messaging apps. Bankman-Fried, who was charged with fraud after the cryptocurrency exchange collapsed, says he used a VPN just to watch football.
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"I Salvaged A Failed Shopping App But...": Woman Takes Pinterest To Court
Pinterest Inc. must face a lawsuit from a digital marketing strategist who says she helped conceive the social media platform, but not one of its founders, a California judge ruled.
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"Thought Life's A Video Game...": Crypto Fraudster Jailed For $90 Million Swindle
The judge said the sentence was intended to discourage others from similar crimes and to protect the public from Mr Qin, who had no trouble lying to his investors.
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Indian-Origin Ex-JPMorgan Trader Gets 8 Months' Jail For Currency Rigging
Akshay Aiyer had asked the judge to sentence him to a term of probation with a period of home confinement.
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"Porn Bombs" Shut Down Court Hearing On Teen Accused In Twitter Hack
A bail hearing by Zoom for the 17-year-old accused of hacking some of the world's highest-profile Twitter accounts last month offered some surprises when a lawyer revealed that the teenager was already under investigation last year -- and then the session was interrupted by participants showing porn.
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What Harvey Weinstein's Harsh New Life in Prison Will Look Like
Harvey Weinstein, once one of the most powerful men in Hollywood, will likely spend the next several years in an 8-by-10-foot cell in upstate New York.
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Economist Martin Armstrong Jailed For Hiding Rare Coins Says They're His Now
And so does Martin Armstrong, a self-taught economist with a cult following who spent years behind bars for what the U.S. said was a $700 million Ponzi scheme and for allegedly hiding assets, including what may be those very same coins.
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Radio Jock Jailed For Fraud By Ex-Fan - Judge Who Tuned In During Commute
Craig Carton, once the co-host on the highest-rated morning-radio sports-talk show in the New York area was sentenced to 3 1/2 years in prison for fleecing investors who gave him and his cohorts millions of dollars to buy and resell tickets to prominent concerts, musicals and sporting events.
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People Are Getting Angry About 'Fearless Girl' Statue Again
Good thing she's fearless, with all these ticked-off humans around.
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Donald Trump's Personal Driver For 25 Years Sues For Unpaid Overtime
Donald Trump's personal driver for more than 25 years says the billionaire real estate developer didn't pay him overtime and raised his salary only twice in 15 years, clawing back the second raise by cutting off his health benefits.
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Smartphone Encryption Targeted as Attacks Renew Calls for Access
"The line to protect the public should not be drawn by two companies who make smartphones."
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Once Worth $30 Billion, Archegos Founder Says He's Just a Millionaire Now
Archegos Capital Management founder Bill Hwang, whose family office's soaring portfolio briefly made him worth more than $30 billion, said he now only has around $55 million.
-
Banker Brijesh Goel Convicted In US. Friend Testified Against Him
A former Goldman Sachs Group Inc. banker was found guilty of passing inside information on deals to a once-close friend and squash partner who became the prosecution's star witness.
-
Sam Bankman-Fried Banned From Using VPNs, Former FTX CEO Says He Used It for Football
Former FTX CEO Sam Bankman-Fried was banned from using virtual private networks while out on bail, as a judge expressed concern that VPNs present similar risks to the FTX co-founder’s use of encrypted messaging apps. Bankman-Fried, who was charged with fraud after the cryptocurrency exchange collapsed, says he used a VPN just to watch football.
-
"I Salvaged A Failed Shopping App But...": Woman Takes Pinterest To Court
Pinterest Inc. must face a lawsuit from a digital marketing strategist who says she helped conceive the social media platform, but not one of its founders, a California judge ruled.
-
"Thought Life's A Video Game...": Crypto Fraudster Jailed For $90 Million Swindle
The judge said the sentence was intended to discourage others from similar crimes and to protect the public from Mr Qin, who had no trouble lying to his investors.
-
Indian-Origin Ex-JPMorgan Trader Gets 8 Months' Jail For Currency Rigging
Akshay Aiyer had asked the judge to sentence him to a term of probation with a period of home confinement.
-
"Porn Bombs" Shut Down Court Hearing On Teen Accused In Twitter Hack
A bail hearing by Zoom for the 17-year-old accused of hacking some of the world's highest-profile Twitter accounts last month offered some surprises when a lawyer revealed that the teenager was already under investigation last year -- and then the session was interrupted by participants showing porn.
-
What Harvey Weinstein's Harsh New Life in Prison Will Look Like
Harvey Weinstein, once one of the most powerful men in Hollywood, will likely spend the next several years in an 8-by-10-foot cell in upstate New York.
-
Economist Martin Armstrong Jailed For Hiding Rare Coins Says They're His Now
And so does Martin Armstrong, a self-taught economist with a cult following who spent years behind bars for what the U.S. said was a $700 million Ponzi scheme and for allegedly hiding assets, including what may be those very same coins.
-
Radio Jock Jailed For Fraud By Ex-Fan - Judge Who Tuned In During Commute
Craig Carton, once the co-host on the highest-rated morning-radio sports-talk show in the New York area was sentenced to 3 1/2 years in prison for fleecing investors who gave him and his cohorts millions of dollars to buy and resell tickets to prominent concerts, musicals and sporting events.
-
People Are Getting Angry About 'Fearless Girl' Statue Again
Good thing she's fearless, with all these ticked-off humans around.
-
Donald Trump's Personal Driver For 25 Years Sues For Unpaid Overtime
Donald Trump's personal driver for more than 25 years says the billionaire real estate developer didn't pay him overtime and raised his salary only twice in 15 years, clawing back the second raise by cutting off his health benefits.
-
Smartphone Encryption Targeted as Attacks Renew Calls for Access
"The line to protect the public should not be drawn by two companies who make smartphones."
