Tag: crypto
Private equity and crypto could be heading for your 401(k). Here’s what to know
Laurel Wamsley The funds in most retirement accounts are pretty basic: stocks and bonds. Now, an executive order signed by President Trump aims to lay the groundwork for an array of “alternative assets,” including cryptocurrency, real estate and private equity, to be included in 401(k) and similar accounts. These accounts are retirement plans offered by…
Argentina’s Crypto Scandal Swindled Thousands. What Did Javier Milei Know?
Trump Administration A new cryptocurrency called $Libra bilked investors out of $250 million. It had been promoted by President Javier Milei. By Jack Nicas and David Yaffe-Bellany Jack Nicas, who covers Argentina, reported from Rio de Janeiro. David Yaffe-Bellany, who covers the crypto industry, reported from San Francisco. The scandal began with a tweet. “The…
Crypto fugitive Do Kwon extradited to US over $40bn crash
A South Korean man accused of being responsible for a cryptocurrency crisis which cost investors $40bn (£31.8bn) has finally been extradited to the United States. Do Kwon was the boss of Terraform, which operated two cryptocurrencies – TerraUSD and Luna – both of which collapsed in 2022, sparking a wider sell-off in the crypto market.…