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Showing posts from February, 2021

DADDY FREEZE TO PAY 5 MILLION FOR ADULTERY

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A High Court sitting in Port Harcourt, Rivers State has on Thursday 18th February, 2021 ordered that Mr Ifedayo Olarinde aka Daddy Freeze should pay N5m for committing adultery with his lover Benedicta Elechi with whom he bore a son Jason in 2015. Daddy Freeze is to pay the N5m to Benedicta's husband, Mr Paul Odekina. The presiding Judge, Hon Justice Akpughunum in a judgment which lasted more than 1.3Omin, ruled that Benedicta's husband proved his case of adultery against Daddy Freeze and Benedicta through photographic, documentary and electronic evidence and also by the admission of Benedicta Elechi herself. The Judge referred to Benedicta as a 'self-acclaimed adulterer". It should be recalled that both Daddy Freeze and Benedicta were married to different spouses at the time of her pregnancy for Jason. Freeze's marriage to Opeyemi collapsed in the course of the extramarital affair and the marriage was subsequently dissolved in 2019 by a Lagos High Court. ...

THE RISE AND FALL OF BITCOIN BILLIONAIRE ARTHUR HAYES

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The BitMEX cofounder created a cryptocurrency exchange that has traded trillions. Now he’s wanted by U.S. authorities, and insiders wonder whether he and his partners are villains—or victims of a two-tiered justice system that favors big banks over brash outsiders. BY ADAM CIRALSKY FEBRUARY 4, 2021 CRAZY RICH Arthur Hayes lives large. Like Bobby Axelrod-in-Billions large. Just replace New York with Hong Kong and infuse it with a dose of Silicon Valley—where unicorns spring from the minds of irrepressible company founders—and, well, you get the picture. One minute Hayes is hitting the powder in Hokkaido, the next he’s crushing it on a subterranean squash court in Central—Hong Kong’s Wall Street. And all the while he keeps one eye trained on an obscure-sounding currency exchange that he built out of thin air and through which more than $3 trillion has flowed.Screen-star handsome and fabulously wealthy, the African American banker turned maverick personifies the contemporary fintech pione...