As much as $365 billion wiped off cryptocurrency market after Tesla stops car purchases with bitcoin

CNBC

Hundreds of billions of dollars were wiped off the entire cryptocurrency market after Tesla CEO Elon Musk tweeted that the electric vehicle maker would suspend car purchases using bitcoin. read more »

F.B.I. Asking Questions After a Pension Fund Aimed High and Fell Short

NEW YORK TIMES

The search for high returns takes many pension funds far and wide, but the Pennsylvania teachers’ fund went farther than most. It invested in trailer park chains, pistachio farms, pay phone systems for prison inmates — and, in a particularly bizarre twist, loans to Kurds trying to carve out their own homeland in northern Iraq. read more »

Two Individuals Charged for their Roles in Massive Cattle Ponzi Scheme

DOJ

A federal grand jury in Colorado returned an indictment that was unsealed Tuesday charging an Illinois woman and a Georgia man with running a Ponzi scheme that raised approximately $650 million from investors across the country. read more »