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How stalled models, missed deadlines, and staff burnout led to the unraveling of Google's DeepMind

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Regulators

Changpeng Zhao looks of camera in front of blank wall.
Trump pardons Binance founder Changpeng Zhao 2 years after the crypto billionaire’s guilty plea

The Binance founder pleaded guilty in 2023 to failing to maintain an effective anti-money-laundering regime.

By Ben WeissOctober 23, 2025
Exclusive: Senate Democrats demand top Trump advisor Steve Witkoff provide details on crypto investments, lack of divestment
Exclusive: Senate Democrats demand top Trump advisor Steve Witkoff provide details on crypto investments, lack of divestment
By Ben WeissOctober 22, 2025
‘Bitcoin Jesus’ reaches $50 million deal with DOJ to dismiss tax evasion charges
‘Bitcoin Jesus’ reaches $50 million deal with DOJ to dismiss tax evasion charges
By Ben WeissOctober 14, 2025
A man in a suit whispering to another man in a suit.
Crypto hoarding brings a stock pop for small firms—and in some cases shows patterns of possible insider trading
By Ben WeissAugust 28, 2025
Bitcoin zooms over $123,000 as crypto fans hail an ‘Uptober’ for the ages
Bitcoin zooms over $123,000 as crypto fans hail an ‘Uptober’ for the ages
By Leo SchwartzOctober 3, 2025
Top crypto regulator Adrienne Harris steps down from the New York Department of Financial Services
Top crypto regulator Adrienne Harris steps down from the New York Department of Financial Services
By Leo SchwartzSeptember 29, 2025
Latest stories from Fortune
Sarah Friar, CFO of OpenAI
AI
OpenAI’s CFO insists AI won’t replace judgment
By Sheryl EstradaAugust 11, 2026
U.S. Treasury Secretary Scott Bessent attends a roundtable discussion with farmers hosted by President Donald Trump in the Cabinet Room of the White House on December 08, 2025 in Washington, DC.
Economy
U.S. Treasury is paying $3 billion a day in interest on national debt, says the CBO—having spent $10 billion to prop up the currency of its top lender
By Eleanor PringleAugust 11, 2026
Top CD rates from major banks Aug. 11, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on August 11, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerAugust 11, 2026
Current price of Bitcoin for Aug. 11, 2026
Personal Finance
Current price of Bitcoin for August. 11, 2026
By Joseph HostetlerAugust 11, 2026
Current price of Ethereum for Aug. 11, 2026
Personal Finance
Current price of Ethereum for August 11, 2026
By Joseph HostetlerAugust 11, 2026
Current price of oil as of Aug. 11, 2026
Personal Finance
Current price of oil as of August 11, 2026
By Joseph HostetlerAugust 11, 2026
Current price of silver as of Tuesday, Aug. 11, 2026
Personal Finance
Current price of silver as of Tuesday, August 11, 2026
By Joseph HostetlerAugust 11, 2026
Current price of gold as of August 11, 2026
Personal Finance
Current price of gold as of August 11, 2026
By Danny BakstAugust 11, 2026
More RegulatorsPage 9 of 19
Gary Gensler
Regulators
SEC ‘deeply regrets’ errors in crypto case, asks judge to waive sanctions after misleading statements
By Leo SchwartzDecember 22, 2023
  • FTX is bankrupt and SBF was on trial, so why are people still buying FTT tokens?
    The Coins
    FTX is bankrupt and SBF was on trial, so why are people still buying FTT tokens?
    By Marco Quiroz-GutierrezNovember 3, 2023
Exclusive: NY financial regulator approves Paxos expansion to Solana, allowing for its first stablecoin issuance beyond Ethereum
Companies
Exclusive: NY financial regulator approves Paxos expansion to Solana, allowing for its first stablecoin issuance beyond Ethereum
By Leo SchwartzDecember 22, 2023
Newly filed Bitcoin ETF application targets ESG investors with carbon credits
Companies
Newly filed Bitcoin ETF application targets ESG investors with carbon credits
By Leo SchwartzDecember 18, 2023
Patrick McHenry, R-N.C., leaves a meeting of the House Republican Conference in the U.S. Capitol.
Regulators
Coinbase, Andreessen Horowitz, Circle among heavyweight donors committing $78 million to new crypto PAC
By Ben WeissDecember 18, 2023
NY attorney general’s office touts Gemini and DCG lawsuit in renewed push for expanded crypto role
Regulators
NY attorney general’s office touts Gemini and DCG lawsuit in renewed push for expanded crypto role
By Leo SchwartzDecember 18, 2023
Photo of Paul Grewal
Regulators
SEC rejects Coinbase’s request for a separate regulatory framework for the cryptocurrency industry
By Ben WeissDecember 15, 2023
  • Sam Bankman-Fried’s final hours in court: Gasps, somberness, and despair
    Regulators
    Sam Bankman-Fried’s final hours in court: Gasps, somberness, and despair
    By Ben WeissNovember 2, 2023
Tesla and Block among Bitcoin-holding firms to get boost from accounting rule change in late 2024
Companies
Tesla and Block among Bitcoin-holding firms to get boost from accounting rule change in late 2024
By Jeff John RobertsDecember 13, 2023
Nayib Bukele
Regulators
El Salvador’s Bitcoin ‘Volcano Bond’ could be issued early next year after approval by regulator
By Marco Quiroz-GutierrezDecember 12, 2023
El Salvador became the first country to accept Bitcoin as legal tender. Now it’s offering citizenship for a $1 million ‘investment’
Regulators
El Salvador became the first country to accept Bitcoin as legal tender. Now it’s offering citizenship for a $1 million ‘investment’
By Leo SchwartzDecember 8, 2023
Binance founder Changpeng Zhao must stay in the U.S. for sentencing, judge rules
Companies
Binance founder Changpeng Zhao must stay in the U.S. for sentencing, judge rules
By Jeff John RobertsDecember 7, 2023
Jamie Dimon
Companies
Jamie Dimon blasts crypto, tells Senate he would ‘close it down’—even as JPMorgan pushes forward with blockchain payments
By Jeff John RobertsDecember 6, 2023
  • FTX founder Sam Bankman-Fried leaving court
    Regulators
    FTX founder Sam Bankman-Fried found guilty of all charges in ‘one of the biggest financial frauds in American history’
    By Leo SchwartzNovember 2, 2023
Crypto firms could spend more on lobbying than in 2022—when FTX and Sam Bankman-Fried were still writing checks
Companies
Crypto firms could spend more on lobbying than in 2022—when FTX and Sam Bankman-Fried were still writing checks
By Leo SchwartzDecember 5, 2023
Judge scolds SEC for apparent deception in crypto case, threatens to sanction agency
Regulators
Judge scolds SEC for apparent deception in crypto case, threatens to sanction agency
By Leo Schwartz and Jeff John RobertsDecember 1, 2023
Tom Emmer
Regulators
Pro-crypto Majority Whip Tom Emmer denounces CBDCs as a ‘surveillance tool’ and calls for stablecoin oversight
By Leo SchwartzNovember 30, 2023
Treasury’s Wally Adeyemo wants to crack down on illicit finance enabled by crypto: ‘A clear and present danger for national security’
Regulators
Treasury’s Wally Adeyemo wants to crack down on illicit finance enabled by crypto: ‘A clear and present danger for national security’
By Leo SchwartzNovember 29, 2023
Used by North Korea–linked hackers, Sinbad.io becomes 3rd crypto mixer slapped with U.S. sanctions in last 18 months
Regulators
Used by North Korea–linked hackers, Sinbad.io becomes 3rd crypto mixer slapped with U.S. sanctions in last 18 months
By Marco Quiroz-GutierrezNovember 29, 2023
Hong Kong Chief Executive John Lee Ka-chiu.
Regulators
Hong Kong crypto regulators under fire again after creators of Hounax exchange allegedly disappear with $19 million
By Marco Quiroz-GutierrezNovember 28, 2023
Gary Gensler has remade the SEC into a crypto nemesis and climate warrior. Now a backlash is brewing
Magazine
Gary Gensler has remade the SEC into a crypto nemesis and climate warrior. Now a backlash is brewing
By Leo Schwartz and Jeff John RobertsNovember 28, 2023
Rep. Tom Emmer (R-Minn.)
Regulators
Pro-crypto Majority Whip Tom Emmer says $4.3 billion Binance settlement shows U.S. doesn’t need new crypto laws
By Marco Quiroz-GutierrezNovember 27, 2023
Brian Armstrong speaks during a conference in NYC.
Companies
Coinbase stock surges 18% in a week as CEO Brian Armstrong says Binance settlement closes ‘that chapter of crypto’s history’
By Ben WeissNovember 27, 2023
Analysis: Binance’s $4.3 billion plea deal is a victory for the company—but there’s a huge catch
Regulators
Analysis: Binance’s $4.3 billion plea deal is a victory for the company—but there’s a huge catch
By Jeff John RobertsNovember 21, 2023
Binance CEO Changpeng Zhao charged with money laundering, agrees to step down as part of $4.3 billion DOJ settlement
Regulators
Binance CEO Changpeng Zhao charged with money laundering, agrees to step down as part of $4.3 billion DOJ settlement
By Leo SchwartzNovember 21, 2023
SEC alleges in new lawsuit that Kraken failed to register and commingled customers’ funds
Regulators
SEC alleges in new lawsuit that Kraken failed to register and commingled customers’ funds
By Leo SchwartzNovember 20, 2023
Do Kwon denied appeal in Montenegro as possible extradition to South Korea or U.S. looms
Regulators
Do Kwon denied appeal in Montenegro as possible extradition to South Korea or U.S. looms
By Marco Quiroz-GutierrezNovember 17, 2023
Sins of the father: Could Joe Bankman go to jail for helping his son run FTX?
Regulators
Sins of the father: Could Joe Bankman go to jail for helping his son run FTX?
By Jeff John RobertsNovember 13, 2023
FTX claims Bybit, one of world’s largest crypto exchanges, used VIP status to pull hundreds of millions of dollars during collapse
Companies
FTX claims Bybit, one of world’s largest crypto exchanges, used VIP status to pull hundreds of millions of dollars during collapse
By Leo SchwartzNovember 11, 2023
Ripple’s CEO says beating the SEC in court isn’t enough to make U.S. banks less skittish toward crypto—there must be clear policy
Companies
Ripple’s CEO says beating the SEC in court isn’t enough to make U.S. banks less skittish toward crypto—there must be clear policy
By Marco Quiroz-GutierrezNovember 8, 2023
The battle to revive FTX is down to a former NYSE president, a fintech startup, and a private investment firm
Companies
The battle to revive FTX is down to a former NYSE president, a fintech startup, and a private investment firm
By Ben WeissNovember 8, 2023
Fed’s Michael Barr calls for strong stablecoin regulation and says ‘we haven’t made a decision’ when it comes to CBDCs
Regulators
Fed’s Michael Barr calls for strong stablecoin regulation and says ‘we haven’t made a decision’ when it comes to CBDCs
By Leo SchwartzNovember 7, 2023
The SEC is struggling to hire crypto experts—partly because the agency’s employees can’t own cryptocurrency
Regulators
The SEC is struggling to hire crypto experts—partly because the agency’s employees can’t own cryptocurrency
By Ben WeissNovember 6, 2023
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Most Popular
AI
How stalled models, missed deadlines, and staff burnout led to the unraveling of Google's DeepMindplaceholder alt text
By Beatrice NolanAugust 10, 2026
Economy
The stock market may be doing so well that it's causing more baby boomers and Gen Xers to drop out of the labor forceplaceholder alt text
By Jason MaAugust 10, 2026
Personal Finance
Current price of oil as of August 10, 2026placeholder alt text
By Joseph HostetlerAugust 10, 2026
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