A group chat including crypto leaders shows Binance’s Changpeng Zhao accusing FTX’s Sam Bankman-Fried of orchestrating trades to destabilize the industry.
Category: HK FTX Trading Ltd (Futures Exchange)
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Sam Bankman-Fried Faces Federal Inquiry Into Market Manipulation
A federal investigation into whether the FTX founder’s trading firm illicitly manipulated the markets for two crypto tokens compounds his troubles.
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FTX Founder Sam Bankman-Fried Faces Market Manipulation Inquiry
Federal prosecutors are investigating whether Sam Bankman-Fried and his hedge fund orchestrated trades in a way that led to the collapse of two cryptocurrencies in May.
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An Activist Investor Takes on BlackRock Over E.S.G.
A hedge fund sees BlackRock’s embrace of E.S.G. principles as a distraction, and it wants the money-management giant’s C.E.O., Laurence Fink, to step down.
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How Biden’s Climate Push Could Spur a Trade War With Europe
The European Union is crying foul over the Inflation Reduction Act, saying the billions in climate subsidies it offers create a trade imbalance.
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Small Investors Who Jumped Into Crypto on FTX Say, Now What?
Many small investors who piled into cryptocurrencies on FTX, BlockFi and other platforms are recognizing the perils of investing in an unregulated industry.
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Oil Prices Rise as the West Imposes a Cap on Russian Crude
Energy traders pushed crude prices higher on Monday following Europe’s embargo of seaborne Russian crude and a price cap by Group of 7 nations went into effect.
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The Crypto Industry Struggles for a Way Forward After FTX Collapse
The implosion of the exchange FTX shows how an industry built in the wake of the 2008 financial crisis has drifted far from its original ideals.
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Florida May End Tax Fight With Disney, Thanks to Bob Iger
Florida lawmakers are reportedly working to resolve their political fight with Disney, just days after Mr. Iger returned as the entertainment giant’s chief executive.
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How the Collapse of Sam Bankman-Fried’s Crypto Empire Has Disrupted A.I.
Mr. Bankman-Fried and his colleagues spent more than $530 million to battle what they saw as the dangers of artificial intelligence. Now those efforts are reeling.