Sam Bankman-Fried stepped down as CEO of FTX as the crypto exchange filed for Chapter 11 bankruptcy protection; new VC firms struggle to raise capital; this Midwestern billionaire gave $50 million to his hometown; and more.
Sam Bankman-Fried’s now-bankrupt cryptocurrency exchange FTX for possible criminal misconduct, marking the latest development in the entity’s stunning implosion. Financial investigators with the force in Nassau are, which is based in the island nation.in Nevada, besting Donald Trump-endorsed Republican candidate Adam Laxalt and dealing another frustrating blow to members of the GOP who predicted a “red wave” in the midterm elections.
of its board of directors. The San Diego company also said former chief executive Cheng Lu will resume the job.the FBI and the Bureau of Alcohol, Tobacco, Firearms and Explosives to, which is typically a sales boon for the firearms industry. Last year, almost 188,000 background checks were requested the day after Thanksgiving, making it one of the top ten business days.the U.S.
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