Trump’s Big Fat Crypto; The Blurring of Power and Money

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Changpeng Zhao, founder of Binance, the world’s largest cryptocurrency exchange, has been pardoned by President Donald Trump. Zhao—known as “CZ”—was sentenced to four months in prison in 2024 after pleading guilty to breaching US money laundering laws. Binance itself was fined $4.3bn after investigators found it had helped users bypass sanctions. That would be a … Read more

Great Yarmouth: An Economy That No Longer Works

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Great Yarmouth was described by Dickens as a kind of paradise. David Copperfield lived there in an upturned boat with Peggoty. Proof, if it were needed, that the town has not only seen better days, but better centuries. Now it is something else entirely. The archetypal decayed seaside town: slot machines, one-armed bandits, and not … Read more