Tag: grift

Government Grift As A Lucrative Side Hustle To Build More Wealth

I remember being a broke college student during my senior year at The College of William & Mary. A group of us gathered at the Spanish House, the language immersion dorm where we lived, to brainstorm easy ways to make money. None of us had job offers yet, and we were anxious to prove to [...]read moreGovernment Grift As A Lucrative Side Hustle To Build More Wealth

SBF’s prison sentence marks the end of the crypto grift era — so what’s next?

On Thursday, a federal judge sentenced former FTX CEO Sam Bankman-Fried to 25 years in prison after he was found guilty on seven charges of wire fraud and money-laundering. The scam he pulled was fairly simple: He and his partners created an exchange, FTX, that took customer deposits to invest in and trade cryptocurrencies. Some [...]read moreSBF’s prison sentence marks the end of the crypto grift era — so what’s next?