Follow The MoneyThe Fine Print · The CatchBy Jesse Hubbard
A former White House crypto adviser helped shape stablecoin policy while a company he co-owned won Tether business, then left government for Tether. Innovation has finally put the revolving door on the blockchain.
Eight states say ChatGPT was marketed as safe while exposing users to serious harms. The allegations are unproven, but the product demo has moved to a courtroom where ‘trust us’ is not a compliance setting.
Follow The MoneyThe Fine Print · Who Gets The Bill?By Jesse Hubbard
CoreWeave’s bonds slid into distress territory as investors reconsidered the debt beneath the AI buildout. Apparently infinite compute still comes with a monthly payment.
Around The WorldThe Fine Print · The CatchBy Simon Hill
Romania’s prime-minister-designate appears to have enough support for a government, but the largest coalition partner wants a budget by December and a performance review in six months. Stability has arrived with store credit.
Republicans are planning back-to-back judicial-nomination hearings after the election. Voters may choose a new Senate in November, but the old one would still like to choose judges for life in December.