Despite its contracts with national governments and rumored connections to the Emirati royal family, the UAE’s Venom Foundation presents itself as any other crypto company — undecipherable jargon, vague promises, and all.
The following excerpt from "Crypto Kingpins," our six-part podcast out today, was published on Monday in Vanity Fair.
Listen to Crypto Kingpins
In May 2021, I took a taxi from my home in Singapore to a modernist mansion in a gated community on the resort island of Sentosa.
The story of Sam Bankman-Fried, former CEO of FTX, is unfolding every day like a TV drama. His arrest in the Bahamas on charges of wire fraud and money laundering mean he could face up to 115 years in prison.
Now SBF, who was denied bail, is sitting in Fox
Forbes Magazine in September listed Changpeng Zhao, a.k.a. CZ, the Chinese-born founder and CEO of crypto-trading exchange Binance, as the 22nd richest person in Singapore, a tiny island nation of 5.5 million people. The magazine put the wealth of CZ, as he’s known, at $1.9