Binance Co Founder Changpeng Zhao Is Being Sued for $1.8 Billion by Sam Bankman Fried’s Failed Crypto Exchange, FTX

Binance Co-Founder Changpeng Zhao Is Being Sued for $1.8 Billion by Sam Bankman-Fried’s Failed Crypto Exchange, FTX

The two crypto exchanges have a history of bad blood.

Business - Inc. - November 11

FTX sues crypto exchange Binance and its former CEO Zhao for $1.8 billion

The litigation marks the latest escalation of tensions between two of the biggest names in crypto, after the meteoric collapse of FTX rocked the market.

Business - CNBC - November 11

FTX co-founder Wang avoids prison after assisting in Bankman-Fried case

Crypto exchange’s former chief technology officer credited by judge for swiftly helping prosecutors

Business - Financial Times - 3 days ago

FTX sues Binance and former chief Zhao for $1.8bn

Estate of collapsed crypto exchange files lawsuit alleging 2021 share deal was ‘fraudulent’

Business - Financial Times - November 11

FTX co-founder Gary Wang receives no prison sentence for crypto fraud

Prosecutors hailed ‘first FTX cooperator to come in the door’, helping put away Sam Bankman-Fried for decades. An apologetic FTX co-founder was sentenced on Wednesday to no time in prison after a ...

World - The Guardian - 3 days ago

Sam Bankman-Fried’s ex-deputy Nishad Singh spared prison time over crypto fraud

Former FTX executive who shared Bahamas penthouse with Bankman-Fried pleaded guilty to six felony counts. The former cryptocurrency executive Nishad Singh, who once shared a $35m Bahamas penthouse ...

World - The Guardian - October 30

FTX co-founder Gary Wang avoids prison time for role in crypto fraud

Gary Wang was the fifth former FTX executive to be handed a punishment for his role in the collapse of the crypto exchange in late 2022.

Business - CNBC - 3 days ago

Lena Dunham to write Sam Bankman-Fried movie for Apple

The Girls creator is set to adapt Michael Lewis’s bestselling 2023 book on the controversial FTX founder. Lena Dunham has been tapped to write a new movie on the rise and fall of the FTX founder, ...

World - The Guardian - November 12

FTX sues Binance and its former CEO for $1.8bn

Collapsed cryptocurrency company says $1.8bn was ‘fraudulently transferred’ to Binance and its executives. The collapsed cryptocurrency company FTX is suing Binance and its former CEO Changpeng ...

World - The Guardian - November 11

Crypto exchanges turn to derivatives to lure cautious investors

New market entrants switch focus to offering leveraged bets

Business - Financial Times - October 28

Home Depot co-founder Bernie Marcus dies

Bernie Marcus, the co-founder of Home Depot who became a billionaire philanthropist and GOP donor, has died at the age of 95.

Politics - NBC News - November 5

Binance boss hails crypto ‘golden age’ as Trump win fires up industry

Executives expects radical shift in regulatory approach in Washington after Democrat defeat

World - Financial Times - November 9

What Really Happens to a Founder After They Fail

Everyone wants you to embrace failure, but they rarely stick around for the fall.

Business - Inc. - November 15

Grateful Dead co-founder Phil Lesh dies aged 84

The leading member of the US rock group passed away peacefully, his official Instagram account says.

OpenAI Hires Co-Founder of Social Platform Rival to X

Gabor Cselle, a serial entrepreneur, was a Twitter employee a decade ago. More recently he helped start Pebble, a safety-centric competitor to Elon Musk’s X. What’s OpenAI up to now?

Business - Inc. - November 4

Bernie Marcus, Home Depot Co-Founder, Is Dead at 95

In 1978, he came up with the idea of a warehouse-style store that would appeal to the do-it-yourself homeowner. With a partner’s help, it became the world’s largest home-improvement retailer.

Business - The New York Times - November 8

Bernard Marcus, Co-Founder of Home Depot, Dies at 95

His chain of warehouse-style stores used cavernous interiors and low prices to lure customers.

World - The Wall Street Journal - November 5

Home Depot co-founder Bernie Marcus dies at 95

Home Depot co-founder Bernard "Bernie" Marcus helped launch the home improvement chain in 1978.

The Home Depot Co-Founder Bernie Marcus Dies at 95

Billionaire, philanthropist and political donor Bernie Marcus died in Boca Raton, Florida, surrounded by family.

Business - Inc. - November 5

Co-founders of militia group convicted of attempting to murder federal agents

Two men had also planned to go to Texas and kill asylum seekers as well as border agents who would try to stop them. Two men who co-founded a militia group have been convicted of attempting to ...

World - The Guardian - November 9

Whiskey Brand Co-Founder Fawn Weaver Isn’t Ready to Celebrate

Uncle Nearest is the fifth Black female-owned company to net a $1 billion valuation. But co-founder Fawn Weaver tells ‘From the Ground Up’ her work is far from over.

Business - Inc. - November 11

OpenAI co-founder Greg Brockman returns after three months of leave

OpenAI co-founder Greg Brockman has returned to the company after taking a sabbatical that began in August.

Business - CNBC - November 12

Trump picks former WWE CEO and TV's Dr Oz for top roles

Linda McMahon is the US president-elect's choice for education secretary, and Mehmet Oz is lined up for a healthcare job.

What the Co-Founder of Bonobos Learned From Having a Business Partner

Andy Dunn reflects on how, when his partner left, he had no one to blame.

Business - Inc. - 3 days ago

FTX's Nishad Singh gets no jail time, 3 years supervised release for role in crypto fraud

Nishad Singh was the fourth former FTX executive to be handed a punishment tied to the collapse of the crypto exchange in late 2022.

Business - CNBC - October 30

Biden administration announces $3 billion for rural electric co-ops

The Biden administration announced more than $3 billion Friday in funding for seven rural electric cooperatives, part of a broader effort to promote renewable energy in rural areas. The grants ...

Politics - The Hill - October 25

Peloton’s stock soars 30% after company names Apple Fitness+ co-founder as new CEO

Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and has done stints at Ford Motor Co. and Time Warner Cable.

Business - MarketWatch - October 31

Inside Robinhood Co-Founder Baiju Bhatt’s Vision for Distributed Solar Power from Space

The billionaire co-founder of investing platform Robinhood is staking his name and fortune on a decades old problem to put solar panels in space.

Business - Inc. - October 31

Sign Up Now: Meet Bonobos Co-Founder Andy Dunn in This Exclusive Inc. Livestream 12 p.m. ET Today

Learn hard-won advice about preserving your own physical and mental health as you grow your startup into a success.

Business - Inc. - November 13

The 1 Skill Bonobos’ Co-Founder Has Embraced in his Latest Startup for Success

Andy Dunn talks about embracing radical candor with his employees.

Business - Inc. - 3 days ago

Sam Altman’s Reddit stake now worth over $1 billion after post-earnings pop

OpenAI CEO Sam Altman's stake in Reddit has ballooned to more than $1 billion in value, as of after-hours trading on Tuesday.

Business - CNBC - October 29

US will not stop military aid to Israel over approach to Gaza

Washington satisfied by country’s aid efforts despite humanitarian groups warning people are being ‘starved’ in enclave

Business - Financial Times - November 12

Latest in Binance Co Founder Changpeng Zhao Is Being Sued for $1.8 Billion by Sam Bankman Fried’s Failed Crypto Exchange, FTX