Finance

The Real Victims Of Sam Bankman-Fried’s Ponzi Scheme Are Not Celebrities Or Institutional Partners, But Everyday Investors

There are likely over one million victims worldwide and untold billions of dollars forever lost through the collapse of Sam Bankman-Fried’s digital asset empire, propped up by his once enormously popular FTX cryptocurrency exchange, which last week filed for bankruptcy in the United States. When […]

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Court Ruling On Federal Financial ‘Watchdog’ Is Another Blow For Unconstitutional Bureaucratic Agencies

In 1925, President Calvin Coolidge said that “government control cannot be divorced from political control.” That piece of his governing philosophy put Coolidge at odds with the progressives of his own day, who believed a neutral, technocratic government was not only possible but desirable. Their […]

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When Corporate America Pulls A PayPal, There’s No Escaping The Digital Gulag

Last week, PayPal published a new user agreement that would allow the company to debit up to $2,500 from a user’s account for engaging in “restricted activities,” including spreading “misinformation.”  The announcement drew much criticism, including from one of PayPal’s cofounders, David Marcus, who tweeted, “@Paypal’s new […]

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