Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense isone

Miljardär hoiatab peatse panga jooksmise eest, kui valitsus ei suuda tagada kõiki SVB hoiuseid

Billionaire Bill Ackman has warned ofvast and profoundconsequences of the U.S. valitsus üürib Silicon Valley panga (SVB) ebaõnnestuda ilma kõiki hoiustajaid kaitsmata. “No company will take even a tiny chance of losing a dollar of deposits as there is

FTX võlgnikud teatavad viimases esitluses 8,9 miljardi dollari suurusest puudujäägist klientide vahendites ja väga segatud varades

märtsil 2, 2023, FTX-võlglased avaldasid oma teise sidusrühmade ettekande, mis sisaldab praeguseks kadunud krüptovaluutabörsi esialgset analüüsi’s puudujääke. Viimane esitlus paljastab olulise puudujäägi, nagu ligikaudu $2.2 miljardit ettevõttest’s koguvara leiti aastal…

Stanford Alumni Revealed as Co-Signers of FTX Co-Founder’s $250M Bond

According to the latest court documents in the fraud case involving former FTX CEO Sam Bankman-Fried in Manhattan, the New York judge presiding over the case unsealed the co-signers of Bankman-Fried’s bond on Wednesday. The names of the two bail bond

Kenya AI ja Blockchain Startup saavad investeeringuid Šveitsi riskikapitalifirmalt

Fastagger Inc, tehisintellekti ja plokiahela startup Keeniast, hiljuti selgus, et on saanud investeeringu Šveitsis asuvalt plokiahela investorilt CVVC. Jalutage Kariuki poole, ütles, et investeeringut kasutatakse Fastaggeri edasiarendamise rahastamiseks “tipptasemel tehnoloogiateadmised”…

Analyst Warns of Banks’ Authority to Confiscate Funds, Decline of US Dollar Purchasing Power

According to Lynette Zang, chief market analyst at ITM Trading, USA. banks have the legal authority to confiscate people’s funds due to legislation passed by Congress. Hiljutises intervjuus, Zang discussed how the purchasing power of the U.S. dollar has

Egyptian Fintech MNT-Halan Secures $400 Million in Funding, Valuation Rises to Over $1 Miljardit

Egyptian fintech MNT-Halan announced on Feb. 1 that it had raised over $340 million via debt and equity and it expects to raise an additional $60 million from leading international investors. The latest funding round sees MNT-Halan’s valuation rise to over

Ghanaian Cedi Second Worst-Performing Asset Among Sub-Saharan Africa’s Top 15 Currencies

In just the first 17 days of the new year, the Ghanaian currency reportedly depreciated by 12.7%, making it the second worst-performing among Sub-Saharan Africa’s top 15 valuutad. While one U.S. dollar bought 13.10 units of the cedi on the parallel