Sam Bankman-Fried ex Caroline Ellison, FTX co-founder Gary Wang plead guilty to fraud

The ex-girlfriend of disgraced crypto mogul Sam Bankman-Fried and a co-founder of FTX pleaded guilty to fraud charges in the collapse of the cryptocurrency exchange and are both cooperating with federal prosecutors, officials announced Wednesday night. Caroline Ellison, the former CEO of Bankman-Fried’s crypto hedge fund company Alameda Research, and Gary Wang, a co-founder of…

Details

British ‘party startup’ once worth $800M that went bankrupt after brothers ran ‘company into ground’

Two British tech entrepreneurs who led an event and travel startup that was worth as much as $800 million spent hundreds of thousands of dollars on drug- and alcohol-fueled parties and ran a “frat boy” culture rife with sexual harassment before the company imploded, according to a report. Callum Negus-Fancey, 32, and his brother, Liam,…

Details

US Nonprofit Security Grant Program gets raise in Federal Omnibus Package

WASHINGTON – The new federal omnibus bill includes $305 million for the Nonprofit Security Grant Program, a significant increase from the current year’s $250 million. The NSGP has been a major agenda item for many Jewish organizations. Since the terrorist attack on Congregation Beth Israel in Colleyville, Texas, Jewish organizations have urged Congress to double…

Details