Joel Khalili

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Crypto Started With Grand Dreams, Then Backroom Deals. Now It’s Mired in Lawsuits

Joel Dietz says crypto is rotten, and he’s going to court to try to prove it. Dietz is a self-described “founding member” of Ethereum, the computer network on which the world’s second-largest...

Binance CEO Changpeng Zhao Reportedly Quits and Pleads Guilty to Breaking US Law

Binance chief executive Changpeng Zhao is stepping down as part of a settlement with the US Department of Justice (DOJ), according to multiple reports. The Wall Street Journal reports that Zhao will...

A DOJ Settlement Would Show Binance Is Too Big to Fail

For the past five years, the US Department of Justice has reportedly been investigating Binance, the world’s largest crypto exchange, for suspected money laundering, unlicensed money transmission, and criminal sanctions violations. But...

Sam Bankman-Fried Sealed His Fate Long Before the FTX Trial

The simplest legal advice is to say nothing at all. Sam Bankman-Fried, founder of crypto exchange FTX, who recently took to the stand at his own fraud trial, isn’t very good at...

Sam Bankman-Fried Built a Crypto Paradise in the Bahamas—Now He’s a Bad Memory

Each Sunday morning, the congregation of the International Deliverance Praying Ministry gathers in front of their church, ready to be let in. It’s a modest building in the southside of Nassau, the...

Joel Khalili

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