‘Effective Altruism’ Led Bankman-Fried to a Little-Known Wall St. Firm

‘Effective Altruism’ Led Bankman-Fried to a Little-Known Wall St. Firm

The FTX founder joined Jane Street Capital not to learn about controlling risk, which is its focus, but because the tenets of a philanthropic movement drew him there.
Authorities Step Up Their Crypto Crackdown

Authorities Step Up Their Crypto Crackdown

A string of enforcement actions, the latest involving the multibillion-dollar collapse of Terraform Labs, has put the chill on a recent Bitcoin rally.