Under the applicable sentencing guidelines, Mashinsky could have faced up to 30 years in prison. But federal judges are required to take into account various additional factors when coming to a sentence, including the characteristics and personal history of a defendant, the likelihood they might reoffend, and so on. “It’s …
Read More »Welcome to Sam Altman’s Orb Store
At the storefront event, a man waiting outside told me he’d booked an appointment for 11:30 but noted he was an hour early and wasn’t allowed to come inside yet. He was visiting from Poland and said his boss had attended the party the night before and was “super hyped” …
Read More »As Trump’s Family Crypto Business Gains Steam, Ethical Concerns Mount
As the leaders of World Liberty Financial, a crypto company part-owned by US president Donald Trump and his family, try to drum up business on an international tour, critics have raised the alarm over the collection of alleged conflicts of interest trailing in their wake. On Thursday, Eric Trump appeared …
Read More »Sam Altman's Eye-Scanning Orb Is Now Coming to the US
At a high-profile event in San Francisco, World announced it is launching a series of Apple-like stores, as well as a partnership with dating giant Match Group.
Read More »The Real Winners of the Trump Memecoin Feeding Frenzy
On Wednesday, the team behind the official Donald Trump memecoin sparked a trading frenzy after announcing that the investors who held the largest amount of the crypto coin in the coming weeks would be invited to a gala dinner attended by the US president. “At this intimate private dinner, hear …
Read More »He Built Memecoin Factory Pump.Fun. Did He Make a Small Fortune Dumping His Own Shitcoins as a Teen?
Performing an ICO generally involves deploying code to mint a coin on the Ethereum network, outlining the ambitions for a project on a website, and soliciting investment. “Many projects were little more than a white paper and a landing page with a countdown timer—the barrier to entry was minimal,” says …
Read More »