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Terraform Labs sues Jane Street for alleged insider trading ahead of Terra-Luna’s collapse: report

The lawsuit filed by Terraform Labs’ liquidator seeks damages related to its alleged positioning before the collapse. Terraform Labs’ bankruptcy administrator has filed a lawsuit against Jane Street, alleging that the company used insider information to profit from and accelerate Terra-Luna’s collapse. The lawsuit alleges that these transactions came at the expense of investors and […]

Former L3Harris Trenchant boss jailed for selling hacking tools to Russian broker | TechCrunch

Peter Williams, a former boss of a U.S. defense contractor, was sentenced Tuesday to seven years in prison for stealing and selling his former company’s hacking and surveillance tools to a Russian company. Reporters with Bloomberg And Cyberscope first reported Williams’ conviction. Williams was the chief executive of Trenchant, a division of defense contractor L3Harris […]

Moving education programs to other agencies will not fix what is broken

Moving the programs from the Department of Education to other agencies does not reduce the size of government; it simply shifts the bureaucracy to another office. Dividing oversight among agencies risks more confusion, weaker accountability, and higher administrative costs for taxpayers. Without changing federal law, these transfers avoid real reform and leave the structure (and […]