Tag: tycoon
U.S. charges Cambodian tycoon in massive alleged cryptocurrency scam
By Michael Sullivan The U.S. government has seized bitcoin worth nearly $15 billion and charged a joint U.K.-Cambodian businessman, Prince Holding Group Chairman Chen Zhu, with wire fraud and money laundering. The Justice Department says the bitcoin is currently in U.S. government custody and calls the seizure the “largest forfeiture action” in the department’s history.…
Who is Lachlan Murdoch, the anointed media tycoon?
By Bill Chappell Rupert Murdoch, 94, has anointed Lachlan Murdoch, his oldest son, as leader for decades to come, of a conservative media empire that includes Fox News, the The Wall Street Journal and the New York Post as well as prominent outlets in the U.K. and Australia. The elder Murdoch engineered billions in transactions…