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The Latest Breaking News from Businessweek

Fears of the U.S. dollar’s decline are overblown, say experts

A recent large selloff of U.S. Treasuries does reflect a challenge to the dominance of the dollar.

Sins of the father: Could Joe Bankman go to jail for helping his son run FTX?

Sins of the father: Could Joe Bankman go to jail for helping his son run FTX?

“They were living high on the hog while advising a bunch of twentysomethings who had no idea what they were doing,” said a a white-collar defense specialist.

‘Going Infinite’ Review: Michael Lewis had incredible access to Sam Bankman-Fried but got played by his own protagonist

‘Going Infinite’ Review: Michael Lewis had incredible access to Sam Bankman-Fried but got played by his own protagonist

Bankman-Fried told Lewis at one point: "I read people pretty well…They just didn't read me." If only Lewis had listened.

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How Sam Bankman-Fried's parents enabled his criminal empire

A new exposé reveals how Barbara Fried and Joseph Bankman had a direct role in the massive fraud that was FTX.

Sean Penn’s Disaster-Relief Charity Ended Up a Money Mess

CORE saved American lives during the pandemic. Employees say it has also failed to shield them from alleged sexual harassment or address financial mismanagement.

The Weekly Wrap for Saturday, 14 May 2022

It's been a bad week (month, year) to be a Web3 booster. Coinbase conceded that it may not be able to protect all the deposits it holds if it goes under. NFT's are evaporating and not even a CGI model of Madonna's vagina can save them. But in this edition…

TikTok helped turn a sketchy telehealth company into an empire

A new exposé from Bloomberg Businessweek lays out the trouble with telehealth startup, Cerebral, and how social media is making matters worse.

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