Bloomberg Business of Sports lets you follow the money in the world of sports, reporting on trades, salaries, endorsements, contracts and collective bargaining. The show takes listeners inside the business end of the sports world, and explains what it means to fans and their pocketbooks.
Gina Champion-Cain was a pillar of the San Diego business community. She also happened to be running one of the largest Ponzi schemes of all time.
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Assessing China’s Crypto Ban One Year Later
This September marks the one-year anniversary of China declaring that crypto transactions were effectively illegal. At the time, the decision triggered sharp declines in crypto markets, even though it wasn’t entirely unexpected. It wasn’t the first time that China had sought to crack down on crypto — that’s been happening in one form or another in the country since at least 2013.
Still, the 2021 declaration prompted some pretty swift and significant changes. Among the biggest of these changes was the effect on Bitcoin miners, who left China in droves. Many of them set up shop in the US, in states like Texas.
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