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June 10th, 2024 | Vol. 203, No. 19 | Asia
Time Magazine· 7 days agoIn the summer of 2022, Dario Amodei had a difficult decision to make. Anthropic, the AI company where he is co-founder and CEO, had just finished...
Dressing for Court
The Atlantic· 6 days agoThis is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and...
Retail Customers Demand Simpler Checkout Experiences
PYMNTS.com· 3 days agoShoppers increasingly expect retailers to simplify their checkout processes, as both expert insights and surveys of consumers reveal. Justin Downey, vice...
Venture giant a16z ramps up political push with additional $25 million donation to crypto super PAC...
Fortune via Yahoo Finance· 7 days agoWhile the crypto industry's advocacy efforts in D.C. have faced rocky prospects following the...
Binance's ex-CEO begins prison sentence in California
NBC Philadelphia· 6 days agoBinance's billionaire founder Changpeng Zhao has reported to a low-security federal prison in...
FTX's $24B tax bill written down to just $200M
The Register· 10 hours agoIn a filing [PDF] this week to a Delaware bankruptcy court, FTX argued it should pay just $200 million of the $24,000,000,000 Uncle Sam reckons it owes. The filing also reveals ...
Binance Founder Changpeng Zhao Begins Four-Month Sentence In Low-Security California Prison
Inside Bitcoins· 2 days agoBinance founder Changpeng Zhao has reported to a low-security federal prison in Southern California,...
FTX reaches $200M settlement with IRS on tax bill
The Cointelegraph· 2 days agoBankrupt crypto exchange FTX reached a tentative agreement with its largest creditor, the United States Internal Revenue Service (IRS). According to a June 3 filing, the exchange and the IRS ...
Biden’s economic incompetence on full display at SEC
The Washington Times· 2 days agoAs I noted in a previous column highlighting Mr. Gensler’s coddling of the now-infamous Sam Bankman-Fried, Mr. Gensler “has proven adept at failing to do...
FTX Might Settle Its $24 Billion IRS Tax Bill for $200 Million - Decrypt
Decrypt· 2 days agoBankrupt cryptocurrency exchange FTX might be able to settle a $24 million claim from the U.S....