Steven Nerayoff Intends to Sue U.S. Government for $9.6B Over Dropped Extortion Charges

The government denied the majority of Nerayoff’s claims in a filing of its own, including the assertion that Nerayoff’s colleague and former co-defendant on the extortion charges, Michael Hlady, was a government informant. Nerayoff’s lawyers maintain that Hlady, who was convicted of swindling Catholic nuns out of nearly $400,000 in 2010, was “insinuated … into … Read more

Timberwolves star Karl-Anthony Towns expected to play before playoffs

Karl-Anthony Towns should be able to rejoin the Minnesota Timberwolves in time for the playoffs after all. The Timberwolves announced Tuesday that Towns, who underwent surgery to repair a torn meniscus last month, has been cleared for full-contact, 5-on-5 basketball activities. Although the team didn’t give a specific date, Towns is “progressing toward his return … Read more

How the Halving Will Impact the Bitcoin Market

One can, of course, discuss whether the efficient market hypothesis holds or not. But, judging by the options market, it looks like the halving itself will be a non-event. If anything, traders seem to be more interested in hedging downside risk with put options than speculate on a large upside with OTM (out of the … Read more

A day after Kentucky resignation, John Calipari is announced as Arkansas’ new coach

PITTSBURGH, PENNSYLVANIA – MARCH 20: Head coach John Calipari of the Kentucky Wildcats speaks during practice day at PPG PAINTS Arena on March 20, 2024 in Pittsburgh, Pennsylvania. (Photo by Tim Nwachukwu/Getty Images) A day after he resigned at Kentucky, John Calipari is formally Arkansas’ head coach. The Razorbacks announced Wednesday that Calipari is the … Read more