Michael Lewis News

13.06 / 03:45

COST awards Uniper country rights Relationships German energy company Uniper says a tribunal awarded it billions in damages from Russia's Gazprom

German energy company Uniper says a tribunal has awarded it more than 13 billion euros (nearly $14 billion) in damages for gas that Russia's Gazprom hasn’t supplied since 2022

22.03 / 16:57

markets Ripple CEO economy consequences reports Department Danny Moses, 2008 crash predictor, warns of looming crisis, says DOGE’s spending cuts could wreak havoc on businesses and the labor market

Danny Moses, who is known for predicting the mortgage-backed debt led 2008 financial crisis, has now sounded alarm for another economic crisis fueled by massive government employee layoffs under the Department of Government Efficiency (DOGE), headed by Elon Musk.

20.09 / 22:45

CEO Landmark Research love cover recommendations Updates U.S. Government Recommends Lenient Sentence For Alameda Research CEO Caroline Ellison

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

03.08 / 05:47

markets COST Research community country cover A $1 trillion time bomb is ticking in America's housing market

Years ahead of the financial crisis, David Burt saw trouble brewing in subprime mortgages and started betting on a crisis, winning himself a cameo in The Big Short by Michael Lewis in addition to lots of money. Now Burt runs DeltaTerra Capital, a research firm he founded to warn investors about the next housing crisis. This one will be caused by climate change. In a webinar with journalists last month, Burt argued that US homeowners’ wildfire and flood risks are underinsured by $28.7 billion a year. As a result, more than 17 million homes, representing nearly 19% of total US home value, are at risk of suffering what could total $1.2 trillion in value destruction.

03.11 / 07:59

Blockchain Binance Booking Coindesk show cover Inside Why Sam Bankman-Fried has been convicted of fraud

FTX imploded. In its heyday the exchange was one of the world’s largest, with millions of customers and billions of dollars in customer funds. It was seen as the future of the crypto industry—a high-tech offering from a brilliant wunderkind who wanted to play nicely with regulators and usher in an era in which crypto could really go mainstream.

31.10 / 13:23

business Blockchain regulation Fraud FTX Sam Bankman-Fried lawyers pitch for changes to judge’s jury instruction

Attorneys representing former FTX CEO Sam Bankman-Fried have written another letter to the presiding judge, seeking changes to the jury instructions. In the letter addressed to Judge Lewis Kaplan, the defense attorneys requested that the jury consider the role of English law in governing FTX’s terms of service.

27.10 / 22:17

Target CEO Simulation exclusive Weekend 10 long reads for the weekend

Welcome to the weekend. To start off your day, we’ve curated 10 great reads to enjoy.

25.10 / 19:27

Law regulation crimes Opinion Court Will Sam Bankman-Fried fix his case when he takes the stand?

Sam Bankman-Fried (SBF) had a lot going against him well before the start of his criminal trial: the ire of many in the crypto space, suspicion from United States policymakers, and negative attention from some in the media looking for clickbait angles to associate with the former FTX CEO.

22.10 / 12:13

UPS Gap Align NIFTY Intuit love One cannot count on waking up early to achieve success in life

how to do it, and self-help section in bookstores are full of hacks on how to wake up early. The often unsaid but generally well understood belief is that waking up early will make you successful in life. Humans love stories, especially linear, straight-forward ones where A leads to B.

18.10 / 10:35

FTX Sam Bankman-Fried Had Dinner With NYC Mayor Prior to FTX Collapse – Here's What You Need to Know

Sam Bankman-Fried was in constant contact with prominent political and financial figures in New York City in the months leading up to the collapse of FTX and his subsequent arrest.

11.10 / 13:29

Booking Discover Celebrity Sam From Paradise to Courtroom: Sam Bankman-Fried's $35 Million Bahamas Property

Prior to his crypto empire’s collapse eleven months ago, disgraced FTX boss Sam Bankman-Fried (SBF) lived on a lavish Bahamas property alongside nine close friends, accomplices, and fellow executives.

10.10 / 15:07

Cardano FTX SBF Sam Cardano’s Hoskinson Likens Sam Bankman-Fried to Bernie Madoff

Cardano’s founder Charles Hoskinson has compared the embattled co-founder of FTX to infamous ponzi scheme boss, Bernie Madoff.

10.10 / 10:29

business Blockchain regulation Cardano FTX Sam Sam Bankman-Fried just like Bernie Madoff, Cardano founder says

Cardano founder Charles Hoskinson has likened former FTX CEO Sam “SBF” Bankman-Fried to infamous American fraudster Bernie Madoff and accused the media of giving the former FTX CEO a “free pass.”

09.10 / 20:19

business Analysis Opinion FTX exchanges Books Sam Michael Lewis' new book puts a positive spin on Sam Bankman-Fried

I haven’t read Michael Lewis’ The Big Short: Inside the Doomsday Machine, but I find it difficult to believe that the author expressed much sympathy for those involved in the United States housing bubble prior to the 2008 financial crisis. By contrast, his account of former FTX CEO Sam Bankman-Fried (SBF) is relatively glowing.

05.10 / 21:31

Binance FTX Binance CEO CZ Turned Down $40 Million Deal with SBF for Futures Exchange

Binance CEO Changpeng "CZ" Zhao turned down a $40 million offer from former FTX CEO Sam Bankman-Fried in March 2019 to create a cryptocurrency futures exchange.

04.10 / 21:11

UPS Digital Booking Fallout President exclusive Sam Sam Bankman-Fried Changed the Rules for FTX Employees When SRM Token Shot Up in Value – Here's What Happened

Sam Bankman-Fried (SBF) was forced to change rules for FTX employees in 2021 when their crypto profits threatened to let them retire early.

04.10 / 13:03

Blockchain Binance regulation Binance CEO CZ rejected SBF's request for $40M for futures exchange: Going Infinite

Binance CEO Changpeng Zhao reportedly declined to pay $40 million to former FTX CEO Sam Bankman Fried for a futures crypto exchange in March 2019, according to an excerpt from Michael Lewis’ book “Going Infinite.”

03.10 / 21:37

UPS Booking CEO Huobi country donates FTX's COO Wang agreed to be witness for US authorities in Bankman-Fried probe, book says

By Hannah Lang

03.10 / 18:13

Booking TikTok FTX performer reports Sam Sam Bankman-Fried's Deal with Tom Brady: $55 Million for 20 Hours of Work

Sam Bankman-Fried had agreed to pay sports icon Tom Brady $55 million for just 20 hours of his time annually over a span of three years.

03.10 / 18:04

FIVE Booking Man President exclusive Department donates Short Seller Jim Chanos Criticizes Michael Lewis' Defense of FTX, Compares It to Enron

Famous billionaire short-seller Jim Chanos blasted Big Short author Michael Lewis on Sunday for his charitable defense of FTX founder Sam Bankman-Fried (SBF).

02.10 / 19:51

regulation crimes FTX Court Sam Book describes Sam Bankman-Fried with little attention span or respect for appointments

Michael Lewis, author of The Big Short, has painted an interesting picture of Sam Bankman-Fried (SBF) in his soon-to-be released book on the former FTX CEO.

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