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Fast Crimes at Lambda School

19 June 2024 at 19:58
Fast Crimes at Lambda School is a long-form article about a sort of a spin on the notion of code bootcamps that was the darling of Silicon Valley for a time. It hinges on the idea of "ISAs" or agreements to pay a portion of your first year's income rather than a fixed tuition. On the face of it, this seems like a great opportunity for the students, but, as you might expect, there were some drawbacks. The chief one appears to have been its being at least partly a scam.

I am quite troubled by the apparently-eternally-rising cost of universities. It would be nice if a solution presented itself. I guess this isn't it, but I am confident someone will propose one in the comments.

The idea to start a crypto investing platform was like a vision from God

By: chavenet
8 June 2024 at 04:13
"The defendants marketed to investors most in need of income and least able to afford a loss by advertising their schemes as a train to 'financial freedom' and 'freedom from the plantation,'" the suit said. "Cynthia Petion knew that 'it's never the ones who grew up rich who invest in these programs.'" from 'Jesus was the best affiliate marketer in the world': How a 'Reverend CEO' allegedly stole $1 billion in a crypto scam [MarketWatch]

Attorney General James Sues Cryptocurrency Companies NovaTechFx and AWS Mining for Defrauding Investors of More Than $1 Billion [NYAG] New York Sues Novatech Over $1 Billion Crypto Pyramid Scheme [Finance Feeds]
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