So…debate challenge accepted? Or do you need your notes for that, too? cc: Sean Hannity 🇺🇸

please don't make me think about the submarine anymore

Michael Malekzadeh ran one of the biggest sneaker resale operations in the US – until it suddenly collapsed. Prosecutors laid out a pattern that amounted to an alleged $85M sneaker Ponzi scheme. With Misyrlena Egkolfopoulou for Businessweek's Heist Issue. Read (for free) here: bloomberg.com/news/features/…

1 year after Zadeh Kicks imploded, Kim Bhasin and I take a closer look at the rise and fall of one the largest sneaker resellers in the US, to answer the most pressing questions: how did it work and what happens to customers now? For Businessweek's Heist issue: bloomberg.com/news/features/…

Here's Misyrlena Egkolfopoulou and Kim Bhasin with a wild account that so perfectly illustrates the Everything Rally and myriad get-rich-quick schemes of the pandemic years. bloomberg.com/news/features/…

Great weekend read from Kim Bhasin & Misyrlena Egkolfopoulou that features some of my personal/professional interests with a comparison of sneaker pre-sales to options. Another example of why you should always follow the “if it’s too good to be true” rule in resale in Businessweek 👇

BREAKING: The Securities and Exchange Commission sued Alex Mashinsky, the former chief executive officer of bankrupt crypto lender Celsius Network. The regulator filed the lawsuit this morning in federal court in Manhattan. Ava Benny-Morrison

BREAKING: The SEC sued Alex Mashinsky the former CEO of bankrupt crypto lender Celsius Network trib.al/4Wk3bB5

Excited to be at the #nlgja23 conference, and to be joining my stellar colleagues Rakshita Saluja, Misyrlena Egkolfopoulou, and Emily Birnbaum on this NLGJA: The Association of LGBTQ+ Journalists panel in 20 minutes: “LGBTQ+ News Through a Business Lens.” Come say hi!

What is the probability that ⁦Taylor Swift⁩ read my story? bloomberg.com/news/articles/…

magazine writers: Businessweek is looking for your craziest heist stories past heists include Evan Ratliff on a $500 million catalytic converter ring, and Misyrlena Egkolfopoulou and Kim Bhasin on a giant Air Jordan ponzi bloomberg.com/heist-issue?sr…

"It’s been a panic." Alabama fertility clinic phones won’t stop ringing after the state's court ruled frozen embryos are people. Here's where you can (and can't) get IVF: With Jemima Denham + ✨kvb✨: bloomberg.com/news/articles/… via Bloomberg

Putting the country on their back

Started the day with 77 pages of a legal document, one big mug of coffee and great colleagues Misyrlena Egkolfopoulou and Bob Van Voris to bring you this on Bill Ackman Neri Oxman Business Insider Axel Springer SE bloomberg.com/news/articles/…

Breaking: Sam Bankman-Fried sentenced to 25 years in prison.

One volunteered for animal welfare organizations. Another started a new role in tech. The third moved continents to bunker down in the family home. What’s next FTX star witnesses - Nishad Singh, Gary Wang and Caroline Ellison? bloomberg.com/news/articles/… via Bloomberg Crypto

Trump got his $175 million bond from a billionaire supporter's firm, which reached out when they heard the former president was struggling to find a way to pay it. Check out @eelarson's story: bloomberg.com/news/articles/…