On Nov. 21, Binance, the world’s largest cryptocurrency exchange, pleaded guilty to breaking U.S. anti-money-laundering laws. Its CEO has stepped down, and the company will pay $4.3 billion in penalties. While the eye-watering fine is getting the headlines, it’s the details of the agreement that really redefine the relationship between government and crypto. U.S. authorities ...

Using The Princess Bride to explain Google’s corporate policies: A blogpost that I wrote elsewhere, complaining about Google, has led to a disagreement between Kevin Drum and Matt Yglesias. Drum Just out of curiosity, did anyone ever really believe that “don’t be evil” stuff? I mean, Google’s a big corporation. They’ve been a big public ...