Hints and tips:
...FTX’s Chapter 11 bankruptcy filing in a federal court in Delaware includes FTX’s US entity, Bankman-Fried’s proprietary trading group Alameda Research and about 130 affiliated companies....
...Japanese trading house said it responded that it had no record of the transaction at its Singaporean subsidiary and that it also “checked more widely with other local subsidiaries within the region and affiliated...
...The remainder will be provided by IMI, which also backed the takeover of the Telegraph by its affiliated US fund, RedBird IMI, according to a person familiar with the situation....
...Some of Bankman-Fried’s top lieutenants — including Nishad Singh, the former head of engineering at FTX, and Caroline Ellison, who ran an affiliated trading firm, Alameda Research — had previously pleaded...
...31-year-old was accused by prosecutors last December of orchestrating “one of the biggest financial frauds in American history” on the FTX exchange’s customers and investors, as well as lenders to his affiliated...
...Wearing a grey suit and purple tie, he calmly talked the jury through the founding of his two companies — FTX and an affiliated trading firm, Alameda Research — with college friends from MIT and former colleagues...
...They rally around one of the biggest financial services companies in the world because there’s nothing left. It’s the ultimate hypocrisy,” he adds....
...The crackdown coincides with a surge in more than 150 new online crypto-donation initiatives affiliated with Hamas, according to people familiar with Israel’s law enforcement operations....
...Athene and Apollo had themselves merged, in large part, to eliminate the inherent principal/agent inefficiencies between an insurer and an affiliated asset manager....
...five members of his inner circle transferred $3.2bn in total to their personal accounts in the form of “payments and loans”, the funds primarily coming from Alameda Research, a crypto trading hedge fund affiliated...
...FTX and its affiliated trading group Alameda Research had accounts at Silvergate, and the exchange’s clients were often given instructions to wire money to the bank when making deposits....
...This month’s IPO of Al Ansari Financial Services, a Dubai-based exchange house, could presage other family-owned firms coming to market....
...Lawyers from the firm are now working for FTX and its affiliated companies on its bankruptcy proceedings to recoup funds....
...The company in filings on Saturday estimated it had $564mn in bank balances after establishing the amounts held in 144 of the 216 bank accounts it had linked to FTX and more than 100 affiliated companies...
...Prosecutors told the court they would enter hundreds of thousands of documents into evidence in the coming weeks, including those obtained from political campaigns, internet service providers, banks and...
...BANKMAN-FRIED also directed the creation of a website for North Dimension and used a credit card in his name to fund the hosting services for the website....
...Ray was appointed to replace FTX founder Sam Bankman-Fried, who is also scheduled to testify before the US House financial services committee....
...His arrest comes a day before he was scheduled to testify before the US House financial services committee in a hearing on the bankruptcy of FTX....
...From at least May 2019 through November 2022, Bankman-Fried engaged in a scheme to defraud equity investors in FTX Trading Ltd....
...A class-action lawsuit filed on behalf of investors in the US on Wednesday alleged FTX was “truly a house of cards, a Ponzi scheme where [FTX] shuffled customer funds between their opaque affiliated entities...
...FTX Digital Markets Ltd, the group’s subsidiary in the Bahamas, where it is headquartered, is not included in the bankruptcy proceedings....
...Ex-housing core services inflation needs to fall decisively. This is starting to happen!...
...“You’ll never have a major exchange like the London Stock Exchange or Deutsche Börse so closely affiliated with a market maker.”...
...Exchange Commission, the Commodity Futures Trading Commission and “dozens of federal, state and international regulatory agencies” in the three days since the cryptocurrency exchange and more than 100 affiliated...
International Edition