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It was disclosed that FTX customers’ money was spent on business investments, political and charity donations, and real estate. Beleaguered cryptocurrency exchange FTX spent customer’s deposits for business investments, political…

Platypus Finance, a decentralized finance protocol on the Avalanche blockchain, has recovered 90% of its assets following a recent security breach involving flash loan attacks. Platypus Finance, a DeFi protocol operating on the Avalanche…

Caroline Ellison, on day six of United States v Bankman-Fried, testified that FTX’s founder continued to lie to the public while liquidity and assets dried up behind the scenes. The second week of Bankman-Fried’s fraud for fraud…

© Reuters. FILE PHOTO: An electronic board shows Shanghai and Shenzhen stock indices at the Lujiazui financial district in Shanghai, China, March 17, 2023. REUTERS/Aly Song/File photo By Summer Zhen HONG KONG (Reuters) - Chinese…

Will there be an increase private equity investment deals in the coming months, after several years in which they went down a few gears due to inflated valuations of assets? In 2020 and especially 2021, valuations of many…

Gary Wang, co-founder and former chief technology officer (CTO) of the now-bankrupt FTX exchange, again took the stand on day four of former CEO Sam Bankman-Fried’s criminal trial. The former FTX executive disclosed the relationship…

Stay informed with free updatesSimply sign up to the Investing in fundsmyFT Digest -- delivered directly to your inbox.Risk-averse UK investors have retreated from fixed income and bond funds as the turmoil in the bond markets on both…

FTX co-founder Gary Wang revealed more details of Alameda Research’s corrupt relationship with his exchange during Sam Bankman-Fried’s fraud trial on Friday. During his testimony, Wang claimed that the function required for…

According to an on-chain report on Saturday, September 30, an address associated with the FTX exploiter became active for the first time in 10 months. As earlier reported, some 5,000 ETH (equivalent to $8.2…

© Reuters. By Nate Raymond (Reuters) -A federal appeals court on Saturday blocked a venture capital fund from moving forward with a program that awards funding to businesses run by Black women in a case by the anti-affirmative action…