Axios co-founder Jim VanderHei politicized the coronavirus crisis by claiming red states have been “slower” responding because they’ve been “listening to President Trump,” but he ignores why blue states have been hit harder. Speaking to MSNBC’s Morning Joe and name-dropping Georgia and Florida as states that waited longer than others to implement stay-at-home orders, VanderHei said “information inequality” is to blame for states not acting as […]
Founder
3 posts
An IOTA executive is personally reimbursing victims of February’s Trinity wallet hack in order to “preserve” the project’s runway, he told CoinDesk. The founder of the distributed ledger network, David Sonstebo, said he would repay people affected by the $2 million hack from his own IOTA holdings. The “main motivation for the decision” had been to “safeguard the IOTA Foundation’s runway” over the next 12 months, […]
Steve Chen, the ringleader behind the $100 million-plus Gemcoin fraud of 2013-2015, agreed to plead guilty Wednesday to tax evasion and conspiracy to commit wire fraud. The 62-year-old resident of Southern California will face a minimum of 10 years in prison, according to the Department of Justice (DOJ). As part of his plea agreement, Chen admitted to running and promoting U.S. Fine Investment Arts (USFIA), an […]