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Business News > Mint Authors > Ben Foldy

Ben Foldy

ARTICLES BY BEN FOLDY

As tensions rise between Iran and the U.S., a significant discovery reveals how a key financier, Babak Zanjani, leveraged Binance to funnel $850 million to Iran's military forces. (REUTERS)

Iran moved billions through Binance to fund regime—continuing into this month

14 min read . 22 May 2026

The Kontigo app lets users exchange hard currency for dollar-pegged stablecoins.

How a Silicon Valley startup became a crypto lifeline for Venezuela

7 min read . 02 Feb 2026

JEREMY LEUNG/WSJ

The Chinese billionaires having dozens of US-born babies via surrogate

15 min read . 14 Dec 2025

The lack of regulation means that parents and surrogates frequently have little legal recourse and dim hopes of recovering lost funds. (Pixabay)

Surrogacy is a multibillion-dollar business. Sometimes the money goes missing.

15 min read . 22 Oct 2025

The Arcadia, Calif., mansion where police found 15 young children. (Photo: Philip Cheung for WSJ)

The mystery of the LA mansion filled with surrogate children

12 min read . 06 Aug 2025

Crypto fortunes fueled their wild parties, then alleged torture. (Pixabay)

The spending binge of two crypto bros that ended behind bars

13 min read . 03 Aug 2025

Gautam Adani at an event in Jaipur, India, in November. Photo: stringer/Reuters

Indian billionaire Gautam Adani comes under new scrutiny from US prosecutors

6 min read . 02 Jun 2025

Nate Anderson plans to share resources and training materials so others can use Hindenburg’s tactics. Photo: Johnny Milano for WSJ

Wall Street’s pre-eminent short seller is calling it quits

3 min read . 16 Jan 2025

(Alexandra Citrin-Safadi/WSJ; iStock)

The art market is tanking. Sotheby’s has even bigger problems.

13 min read . 25 Sept 2024

Donald Trump, a onetime crypto skeptic, has launched a new crypto business with his family. (AFP)

Trump hitches his campaign to the crypto crowd

8 min read . 20 Sept 2024

Tether, a cryptocurrency, has grown into an important cog in the global financial system, with as much as $190 billion changing hands daily. (Reuters)

The shadow dollar that’s fueling the financial underworld

9 min read . 10 Sept 2024

FILE PHOTO: Founder and CEO of Telegram Pavel Durov. February 23, 2016. REUTERS/Albert Gea/File Photo (REUTERS)

How Telegram became criminals’ favorite marketplace

6 min read . 08 Sept 2024

Christian Angermayer, founder of Apeiron Investment Group. (Photo: Bloomberg News)

How a colorful investor profited from a crypto giant’s dealmaking

8 min read . 25 Aug 2024

The suit names Henry Kravis, left, and George Roberts as defendants alongside current KKR co-CEOs, other board members and the company itself. (REUTERS)

KKR founders face suit alleging they got giant payday for no work

4 min read . 06 Aug 2024

Elon Musk and his companies have tried to intimidate critics in the past and, failing that, sought retribution. Leon Neal/Pool via REUTERS/File Photo (via REUTERS)

A legal scholar critiqued Elon Musk’s pay. Now he’s out of a job

4 min read . 16 May 2024

Shipping containers at the Port of Nansha in Guangzhou, China. PHOTO: QILAI SHEN/BLOOMBERG NEWS

Crypto fuels Russian shadow trade for weapons parts

9 min read . 01 Apr 2024

Lee, 33 years old, founded Parallaxes Capital in 2017, creating a fund that seeks to turn TRAs into a new asset class by creating a secondary market for investors.

The Tax Whiz With the Strangest Hustle on Wall Street

5 min read . 01 Jan 2024

PHOTO ILLUSTRATION BY EMIL LENDOF/THE WALL STREET JOURNAL; ISTOCK

A Ransomware Gang Wanted Its Victim to Pay Up. So It Went to the SEC.

2 min read . 19 Nov 2023

PHOTO ILLUSTRATION BY EMIL LENDOF/THE WALL STREET JOURNAL; ISTOCK

How Risky Is Private Credit? Analysts Are Piecing Together Clues

3 min read . 10 Nov 2023

ILLUSTRATION BY WSJ

Most Popular Cryptocurrency Keeps Showing Up in Illicit Finance

5 min read . 27 Oct 2023