David Segal
David Segal
Gimme the ball, gimme the ballSource
London, England
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Going for Broke in Cryptoland

Going for Broke in Cryptoland

They have names that make them sound delicious, like Cookie Coin. Or headed for outer space, like Pluto Coin. Or space-bound and delicious, like AstroCake, which was described this way: “Created 5 minutes ago. SAFE.” Hype coins, as they’re known, sit squarely on the flashy, speculative end of the cryptocurrency business. Every day, dozens of them are created around the world by developers promising fortunes to would-be investors. It usually ends poorly. The vast majority of these tokens are worthless within a couple of weeks. The developers, on the other hand, can make tens of thousands of...

Aug 5
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The Quiet Seizure of Independent Agencies

The Quiet Seizure of Independent Agencies

Jacquelyn Martin/AP Photo SEC Chairman Jay Clayton, center, waves to a commissioner as he takes his seat between SEC Commissioners Rob Jackson, left, and Hester Peirce, at the start of a House Financial Services Committee hearing on Capitol Hill in Washington, September 24, 2019. It has taken a herculean effort and immense sacrifice over almost a decade—countless people in the streets, thousands in jail, and many with permanent injuries from “nonlethal” weapons—for anti-racist protesters to begin to expand the horizon of political possibility. Not everyone in our society must expend such...

June 24, 2020
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