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Binance Founder Should Get 3 Years in Prison, Prosecutors Say

24 April 2024 at 14:38
Lawyers for Changpeng Zhao, the founder of the crypto exchange Binance, countered that he should receive no prison time.

Β© Ore Huiying for The New York Times

Just 18 months ago, Changpeng Zhao, riding high as Binance’s chief executive, helped set off the chain of events that led to the collapse of FTX, Binance’s largest rival.

How Scam Calls and Messages Took Over Our Everyday Lives

21 April 2024 at 09:37
To own a computer or smartphone β€” indeed, to engage with the digital world to any degree β€” is to be a mark. You can try to block, encrypt and unsubscribe your way out of it, but you may not succeed.

Sam Bankman-Fried Sentenced to 25 Years in Prison for FTX Fraud

Mr. Bankman-Fried, who was convicted of stealing $8 billion from customers of his FTX cryptocurrency exchange, faced a maximum sentence of 110 years.

Β© Hiroko Masuike/The New York Times

Just 18 months ago, Sam Bankman-Fried was a titan of the corporate world and was one of the youngest billionaires on the planet.

The Government’s Struggles With Outsourcing Software Development

23 March 2024 at 06:00
The bloated cost of the ArriveCAN app and new investigations into possible fraud have highlighted some problems with turning to outside companies.

Β© Blair Gable/Reuters

Jean-Yves Duclos, the procurement minister, blamed paper contracts for a potential multimillion-dollar fraud.
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