Money, Wealth & Power—A Daily Look at the Financial World
For years, being featured on Forbes’ “30 Under 30” list was seen as a golden ticket to credibility, funding, and fast-tracked success. But lately, it’s starting to feel more like a red flag. The latest name to crash and burn? Charlie Javice—founder of the college financial aid startup Frank—who was just convicted of defrauding JPMorgan…
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…