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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.

Paying Off People’s Medical Debt Has Little Impact on Their Lives, Study Finds

8 April 2024 at 08:00
A nonprofit group called R.I.P. Medical Debt has relieved Americans of $11 billion in hospital bills. But that did not improve their mental health or their credit scores, a study found.

Β© Erin Schaff/The New York Times

People whose bills had been paid off were just as likely to forgo medical care as those whose bills were left unpaid.
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