<p>It’s a Sand Hill, see?</p> Photographer: KARIM SAHIB/AFP/Getty Images. Wall Street
Sand Hill Exchange was a blockchain bucket shop that let people bet on the eventual public-market prices of hot startups. That is so illegal! It was shut down more or less as soon as anyone noticed that it existed, but the wheels of justice ground slowly on. A few weeks ago, Sand Hill announced that it had settled with the Securities and Exchange […]