NEWS: Trump has pardoned Changpeng Zhao, the convicted founder of the crypto exchange Binance, following months of efforts by Zhao to boost the Trump family’s own crypto company. w/@jdawsey1@kowsmann@AABerwick https://t.co/ArxxvjH0Su
There's a new front in America's war on drugs. Chinese money brokers are teaming up with Mexican cartels to grease the wheels of the fentanyl trade.
Our go at explaining the world of Chinese money laundering. w/ @kowsmann@BrianSpegele
https://t.co/olt03tpDvs
Betting on European lenders hasn't worked out well for hedge funds and other big investors—until recently. Now, a small group is sitting on big gains after correctly timing the rally in European bank stocks.
My latest with @kowsmann: https://t.co/xA85UztYGf
@VtorMaia4 Bom dia Dudu, sou jornalista do jornal Americano Wall Street Journal. Seria possivel me mandar um contacto para contacta-lo diretamente? Muito obrigada.
After scandal upon scandal, Christian Sewing pulled Deutsche Bank to firmer ground.
But investors aren't fully buying into the comeback story.
“My biggest worry now is that people get arrogant again," he tells @kowsmann
https://t.co/C9jxr8C4ou via @WSJ
Christian Sewing pulled Deutsche Bank to firmer ground, but investors have yet to fully buy into the comeback story https://t.co/wZEHRtaQmU via @kowsmann
Binance’s guilty plea was a massive twist in the life of Changpeng Zhao, a crypto-industry figurehead who launched the online exchange in 2017 and developed it into a money-spinning trading machine https://t.co/NGar7B3tIf https://t.co/NGar7B3tIf
Key risk and legal executives are leaving https://t.co/hQmVxIkqOi at the same time the crypto exchange is under intense pressure from regulators. w/the great @kowsmann and @Vlajournaliste
https://t.co/UoN3ud6AL7
Binance was supposed to leave China behind when the country made cryptocurrency trading illegal in 2021.
Yet its users traded $90 billion of crypto-related assets in China in a single month, according to internal figures viewed by @WSJ
w/@kowsmann
https://t.co/QYIhEjYVeF
Sources say BaFin, the German regulator, believed Binance founder Changpeng Zhao wouldn’t pass a “fit and proper” test, which looks at whether people are professionally and reputably apt to run or own a business it supervises. With @kowsmann and @ceostroff https://t.co/N1xaO8kcGg
One of the SEC's allegations against https://t.co/c9iRChzdJ5 last month was of wash trading, a practice outlawed for stocks and bonds nearly a century ago. In crypto, it's alive and well, according to a study. https://t.co/cxUV6WTGtn w/ @ceostroff
Binance slashed its employee benefits last month in the wake of falling profit, a sign of the financial strain hitting the crypto giant. w/@kowsmann
Contact info in my bio if any current or former employees want to chat
https://t.co/gjCh6qAX35
Over 1,000 Binance employees have been fired in recent weeks, according to a person familiar with the moves. The exercise, which is continuing, could result in Binance losing more than a third of its staff, the person said. via @kowsmann and I
https://t.co/RhAgcgpHNb
CZ "has resisted giving up control of the company or stepping aside, though many inside the firm believe his staying could put Binance’s survival into question, one former employee said." And more from @kowsmann@davidamichaels@ceostroff@Vlajournaliste https://t.co/VmP7iuf9qg