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3 U.S. citizens, 2 Spaniards held over alleged plot to “destabilize” Venezuela

Three American citizens, two Spaniards and a Czech citizen have been detained in Venezuela on suspicion of plotting to destabilize the country through “violent actions,” the government said Saturday, adding that hundreds of weapons had been seized. Interior Minister Diosdado Cabello said that the five were held on suspicion of planning an attack on President … Read more

Why ORNG’s founder pivoted from college food ordering to real-time money transfer

Alex Parmley has been thinking about building his latest company, ORNG, since he was working on his last company, Phood.  Launched in 2018, Phood was a payments app that let students use dining dollars to order food from third-party apps and merchants anywhere in the world. It built the first campus-integrated debit card and worked … Read more

Sam Bankman-Fried appeals conviction, criticizes judge’s ‘unbalanced’ decisions

Lawyers representing Sam Bankman-Fried, the FTX CEO and co-founder who was convicted of fraud and money laundering late last year, are seeking a new trial. Following crypto exchange FTX’s collapse, Bankman-Fried was found guilty on all seven counts, then sentenced to 25 years in prison and ordered to pay $11 billion in forfeiture. He has … Read more