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Two Robinhood Engineers Accused Of Making $50,000 By Front-Running Crypto Listings
Two Robinhood Engineers Accused Of Making $50,000 By Front-Running Crypto Listings
Federal prosecutors have accused two former Robinhood engineers of turning their access to the company’s crypto plans into personal trades, according to Bloomberg.
Hefu Chai, 36, and Huaisong Xiang, 30, are accused of learning in advance which digital assets Robinhood intended to add to its platform. Rather than simply keeping that information inside the company, prosecutors allege they positioned themselves in derivatives tied to those tokens before the news reached the public.
Bloomberg writes that the trades were placed through Hyperliquid,...
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Jun 17, 2026 / Tyler Durden
Trucking Group Asks Federal Court To Strip New York, California Of CDL Authority
Trucking Group Asks Federal Court To Strip New York, California Of CDL Authority
Authored by Noi Mahoney via FreightWaves,
The Small Business in Transportation Coalition (SBTC) has filed a court petition seeking to force federal regulators to decertify the commercial driver’s license programs of New York and California.
The Small Business in Transportation Coalition said the U.S. Department of Transportation has failed to enforce federal law after finding states out of compliance. (Photo: Jim Alen/Freightwaves)
The petition, filed June 10, asks the court to review actions by the Federal Motor Carrier Safety...
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Aug 17, 2026 / Tyler Durden
Copper Squeeze Deepens In London As Futs Near Record; Barclays Flags Top Mining Picks
Copper Squeeze Deepens In London As Futs Near Record; Barclays Flags Top Mining Picks
Copper prices in London have held above $14,000 a ton for nine consecutive sessions, with steep backwardation signaling that near-term demand is outstripping available supply. A confluence of bullish drivers is pushing prices toward record highs, while the key cash-to-three-month spread has widened to its highest level since the 2021 market squeeze.
The spot price traded as much as $543.50 a ton above three-month contracts on the London Metal Exchange, a hallmark of steep backwardation that...
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Jun 23, 2026 / Vincent Cook
From Scholasticism to Enlightenment Liberalism
The intellectual path from Ancient Greece to modernity is littered with the path of numerous philosophers, movements, and events, both peaceful and violent that have shaped thinking throughout the ages.
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