Jason Choi transitioned from traditional finance to crypto, playing a pivotal role in Spartan Capital’s growth through strategic research and early investments in projects like Axie Infinity and Terra. He later founded Tangent Ventures, focusing on long-term support for crypto founders. Beyond investing, Choi fosters education via his Blockcrunch podcast, where he simplifies DeFi, NFTs, and Web3. Known for his transparency, he openly shares investment lessons, including missteps like poorly timed Bitcoin purchases. His analytical takes on industry events, such as the FTX collapse, offer nuanced insights. Today, Choi remains forward-looking, balancing investments, content creation, and public commentary while maintaining a grounded perspective in the fast-evolving crypto space.
about Jason Choi: From TradFi to Crypto Pioneer & InvestorTerra
0 in Finance and 0 in Crypto last weekCelsius Founder Gets 12 Years for Fraud, $7B Loss
Former Celsius CEO Alex Mashinsky received a 12-year prison sentence for orchestrating a massive fraud that led to $7B in investor losses. Prosecutors proved Mashinsky lied about Celsius’ financial health while funneling customer funds into high-risk bets, culminating in the platform’s 2022 bankruptcy. Victims testified about life-altering losses, with some dying before restitution. Though Celsius has repaid $127M to creditors, most face steep haircuts. The case sets a precedent for crypto accountability as Mashinsky faces additional civil suits, while speculation swirls about a potential Trump-era pardon following similar clemency for BitMEX founders.
about Celsius Founder Gets 12 Years for Fraud, $7B LossTerra’s LUNA 2.0 Rebirth: Airdrop Details & Exchange Listings
Terra’s LUNA 2.0 marks a revival after the dramatic collapse of its original blockchain, now live on exchanges without the UST stablecoin. The new LUNA tokens are being airdropped to holders of Luna Classic (LUNC), TerraUSD Classic (USTC), and Anchor Protocol UST, with allocations split among pre- and post-attack holders and a community pool. Major exchanges such as Binance, Huobi, and Kraken are facilitating the airdrop, though large holders face vesting periods to prevent mass sell-offs. Despite the relaunch, investor trust remains shaky, with LUNA 2.0 trading around $9 amid skepticism about its long-term viability.
about Terra's LUNA 2.0 Rebirth: Airdrop Details & Exchange Listings