Reporting on crypto's rise and fall, from FTX in the Bahamas to Changpeng Zhao and KuCoin, including questions over sanctions evasion and regulatory oversight.
KuCoin threatened to sue us. We kept digging. What we found: a massive Iranian sanctions evasion operation that could trigger hundreds of millions in fines.
Victor Su’s AAX crypto fraud is a fascinating tale of Chinese organized crime in the 21st century. From Hong Kong to a secret bolthole in Canada, his story is much more than what it seems.
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
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
