Finance & economics | Do not pass go
Another crypto boss falls
Changpeng Zhao may face jail, while his firm pays a $4.3bn fine
|WASHINGTON, DC
Fictional money, a shot at inordinate riches and a good chance of landing in jail at some point. That, in a nutshell, is the popular board game of Monopoly. But it describes just as accurately the experience of those who have founded some of the world’s biggest cryptocurrency exchanges.
This article appeared in the Finance & economics section of the print edition under the headline “Do not pass go”
Finance & economics November 25th 2023
- Inside Hamas’s sprawling financial empire
- Why house prices have risen once again
- Investors are going loco for CoCos
- The obesity pay gap is worse than previously thought
- How will America’s economy fare in 2024? Don’t ask a forecaster
- The rich world claims it has paid its overdue climate debts
- Another crypto boss falls
- How to save China’s economy
Discover more
The great-man theory of Wall Street
Why finance is still dominated by bold individuals
Hong Kong’s property slump may be terminal
Demographics and geopolitics will make a recovery harder
Why everyone wants to lend to weak companies
An unanticipated side-effect of Donald Trump’s election victory
American veterans now receive absurdly generous benefits
An enormous rise in disability payments may complicate debt-reduction efforts
Why Black Friday sales grow more annoying every year
Nobody is to blame. Everyone suffers
Trump wastes no time in reigniting trade wars
Canada and Mexico look likely to suffer