Arthur Hayes Expects the AI Boom to Overbuild, Crash, and Hand Bitcoin the Bailout

Arthur Hayes has raised a warning about the artificial intelligence (AI) data center buildout. He expects the multi-trillion-dollar boom to end in a crash and a bailout. But why does that matter for crypto? According to the former BitMEX CEO, Bitcoin (BTC) and other crypto would soak up the excess liquidity that follows. Who Pays […]

So-Called Crypto ‘Godfather’ Gets 78 Months as $37M Meta Fraud Unravels

Adam Iza called himself “The Godfather” and used money from a roughly $37 million Meta advertising fraud to hire off-duty Los Angeles County sheriff’s deputies. Five former deputies have since been convicted. On Oct. 5, a federal judge sentenced Iza to 78 months and ordered $23.4 million in restitution. The prison term runs alongside a […]