Money, Wealth & Power—A Daily Look at the Financial World
The founder of a major crypto market-making firm just admitted to rigging the game. Aleksei Andriunin, CEO of Gotbit, pleaded guilty to a multi-year scheme that helped boost digital token prices through fraudulent trades and fake volume. The charges, part of an FBI operation that created a digital token to trap manipulators, are among the…
The Air Force has officially tapped Boeing to build its next-generation fighter jet, the F-47, a project that could become the most expensive aircraft program in U.S. history. While the exact budget is still under wraps, estimates suggest this deal could exceed $50 billion in development and acquisition costs. The announcement came from President Trump…
Most people don’t expect to see political protest slapped on the back of a luxury electric car. But that’s exactly what’s happening—and it’s turning into serious money. One guy selling anti-Elon Musk bumper stickers to Tesla owners is reportedly pulling in over $100,000 a month. The business is simple: short, punchy phrases that help Tesla…