Rey Mashayekhi
Rey Mashayekhi
Writer @FortuneMagazine. DMV native. Top Red. rey.mashayekhi@fortune.comSource
Los Angeles, CA
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Social network Minds pours 25% of balance sheet into crypto

Social network Minds pours 25% of balance sheet into crypto

·September 16, 2021, 2:00 PM UTCCrypto-focused social network Minds is a decentralized alternative to Facebook—one that lets its roughly 5 million users, including content creators and advertisers, promote their posts and transact by paying with digital tokens.Now the startup is putting its money where its mind is and converting around 25% of its balance sheet, or roughly $2.5 million, into cryptocurrencies. The move represents approximately a quarter of the $10 million Series B funding the company raised in June, founder and CEO Bill Ottman tells Fortune.Major public companies like , , ,...

September 16, 2021
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Forget impeachment: Trump’s post-presidential legal, financial woes begin to mount

Forget impeachment: Trump’s post-presidential legal, financial woes begin to mount

·February 10, 2021, 11:44 PM UTCWhile Donald Trump’s second impeachment trial grabs the headlines this week, the former President is facing a number of other post–White House woes that could be even more damaging to him, both legally and financially.On the legal front, Fulton County, Ga., prosecutors said on Wednesday that they had into “attempts to influence” Georgia’s administration of the 2020 general election. While prosecutors did not explicitly name Trump in announcing the investigation, the probe is believed to involve his to pressure Georgia Secretary of State Brad Raffensperger to...

February 10, 2021
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