Fall of Sam Bankman-Fried, Jewish cryptocurrency CEO, brings echoes of Bernie Madoff

Cryptocurrency maverick Sam Bankman-Fried, who famously became a billionaire under 30, is immersed in a reversal of fortune so vast and abrupt it has hit record proportions. Once considered a financial wunderkind, Bankman-Fried now faces legal battles, possible extradition and bankruptcy in a sudden shift from his previous high-profile status as a mythic entrepreneur, political…

Department of Justice opens antitrust investigation into Ticketmaster after Taylor Swift sales debacle

The Department of Justice has launched an antitrust investigation into the owner of Ticketmaster after its sale of Taylor Swift concert tickets devolved into utter chaos this week. The investigation will focus on whether Live Nation Entertainment abused its dominance over the multibillion dollar live music industry. The investigation predates even the botched launch of…

US moves to shield Saudi Crown Prince MBS in killing of journalist Jamal Khashoggi

The Biden administration declared Thursday that the high office held by Saudi Arabia’s crown prince should shield him from lawsuits for his role in the killing of a U.S.-based journalist, a turnaround from Joe Biden’s passionate campaign-trail denunciations of Prince Mohammed bin Salman over the brutal slaying. The administration said the prince’s official standing should…