It’s an oft-told anecdote littering social media: Those who invested early in cryptocurrencies have enjoyed life-changing wealth.

<-bsp-bb-link state="{"bbHref":"bbg://securities/1850267D%20MV%20Equity","_id":"0000018f-48c1-d4b6-a98f-fdf59e250000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Crypto.com aims to sponsor more sports after committing to be the title sponsor for Formula One’s Florida event, the Crypto.com Miami Grand Prix.

Crypto startups are putting valuations in the fast lane with an aggressive form of fundraising that reflects the digital-asset industry’s <-bsp-bb-link state="{"bbDocId":"SCVLAZT0AFB4","_id":"0000018f-4424-d4b6-a98f-f53521e20000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">recovery as well as a desire among venture funds to put <-bsp-bb-link state="{"bbDocId":"SBMEK4T0G1KW","_id":"0000018f-4424-d4b6-a98f-f53521e20001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">money to work.

A Russian national pleaded guilty to a money laundering conspiracy related to his role in operating one of the world’s largest virtual currency exchanges from 2011 to 2017, US prosecutors said.

The sudden shutdown of what the SEC dubbed a “sham audit mill” will force hundreds of companies, including Trump Media & Technology Group Corp., to hunt for new auditors, scour old audits for potential problems, and scramble to meet public company regulatory deadlines.

<-bsp-bb-link state="{"bbHref":"bbg://news/topics/BITCOIN","_id":"0000018f-48c3-d4b6-a98f-fdf755b70000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Bitcoin appears to be conforming more to the conventional viewpoints of traditional investors who have recently entered the digital asset world through the introduction of US exchange-traded funds.

Across much of the developed world, one of the most dependable drivers of economic growth is faltering.

<-rte-company state="{"_id":"0000018f-4576-d4b6-a98f-f577de0f0000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Berkshire Hathaway Inc.’s annual meeting on Saturday gave shareholders a glimpse of how the conglomerate will operate without <-bsp-person state="{"_id":"0000018f-4576-d4b6-a98f-f577de0f0001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Charlie Munger, who died last year at 99. Then came the questions: How will it operate without <-bsp-person state="{"_id":"0000018f-4576-d4b6-a98f-f577de0f0002","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Warren Buffett?

London Mayor <-bsp-person state="{"_id":"0000018f-48a7-d4b6-a98f-fdb76f4a0000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Sadiq Khan pledged to press ahead with “world-leading green action” after comfortably winning a historic third term, a result that will bolster expectations for a Labour Party victory in a general election later this year.

Institutional Shareholder Services urged Boeing Co. investors to vote against a $32.8 million pay package for its chief executive officer, citing concerns over a special equity award and a “sizable increase” in his long-term incentive grant.

<-rte-company state="{"_id":"0000018f-48b4-d4b6-a98f-fdb54aad0000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Paytm appointed new business executives as the troubled fintech firm’s chief operating officer resigned.

<-bsp-bb-link state="{"bbHref":"bbg://people/profile/15407091","_id":"0000018f-43b6-d4b6-a98f-f7b7675f0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Marty Malinow‘s mom never could get her head around what her son did for a living. To friends, she said he was “a stockbroker that does something with the weather.” Malinow couldn’t really object — he knew most people had no clue about financial contracts based on things like sunshine, rainfall and wind.

Block Inc., the parent company of mobile payment service Cash App, failed to convince a federal judge to toss a proposed class action alleging its role in sending out referral text messages violated Washington’s anti-spam statute.

Cookie maker and bakery franchise chain Crumbl LLC shared the financial information of consumers with its payments processor Stripe Inc. without their consent in violation of the California Invasion of Privacy Act, a proposed federal class action said.

Financial Business & Consumer Solutions Inc. failed to protect the personal information of nearly two million people that was exposed in a February data breach, a proposed federal class action said.

Filing-sharing company Dropbox Inc. is the target of a proposed class action for alleged negligence and violating California consumers’ privacy after an April data breach exposed sensitive information.

Facing harsh criticism for failing to contain several major cyberattacks, Microsoft Corp. Chief Executive Officer Satya Nadella sent a blunt message to his staff Friday urging them to make cybersecurity a top priority. Microsoft also announced a series of new anti-hacking initiatives, including basing a portion of senior leaders’ compensation on meeting cybersecurity milestones.

Lobbyists see small style changes afoot after Rep. John Moolenaar (R-Mich.) took the gavel of the House Select Committee on Competition With China, a panel known for sending out bipartisan missives to the likes of Ford Motor Co. and Apple CEO Tim Cook, and taking on TikTok.

Two police department officials in Wichita, Kansas, aren’t entitled to qualified immunity from the suit of a former police officer alleging they violated his free speech rights after a series of disputes with his supervisors led to his termination, a federal appeals court said.

CT Transit, a subsidiary of Connecticut’s Department of Transportation, lost its bid Friday to avoid a trial over claims brought by bus drivers alleging they unlawfully lost pay after having allergic reactions to disinfectants used to clean buses during the Covid-19 pandemic.

The Biden administration told Iowa it will sue to block a new law that makes it a crime to reenter the state after being deported from the US, saying it is preempted by federal law, undermines foreign relations and effectively creates a second immigration system.

The top lawyer for the Pension Benefit Guaranty Corporation said she would encourage the agency to take an even more deliberate approach to explaining the rules it promulgates if the US Supreme Court weakens its Chevron doctrine in a ruling expected in the coming months.

The second week of testimony in Donald Trump’s hush-money criminal trial gave jurors first-hand accounts of negotiations for payments to two women and how the former president’s 2016 campaign reacted when news of their alleged affairs leaked out anyway.

The US Army Corps of Engineers can start a construction project in Puerto Rico’s San Juan Harbor, beating a second challenge from environmentalists who said federal agencies failed to properly assess environmental impacts, the D.C. Circuit ruled.