FTX sues crypto exchange Binance and its former CEO Zhao for $1.8 billion

The litigation marks the latest escalation of tensions between two of the biggest names in crypto, after the meteoric collapse of FTX rocked the market.

Business - CNBC - 3 days ago

Binance Co-Founder Changpeng Zhao Is Being Sued for $1.8 Billion by Sam Bankman-Fried’s Failed Crypto Exchange, FTX

The two crypto exchanges have a history of bad blood.

Business - Inc. - 2 days ago

FTX sues Binance and its former CEO for $1.8bn

Collapsed cryptocurrency company says $1.8bn was ‘fraudulently transferred’ to Binance and its executives. The collapsed cryptocurrency company FTX is suing Binance and its former CEO Changpeng ...

World - The Guardian - 2 days ago

FTX sues Binance and former chief Zhao for $1.8bn

Estate of collapsed crypto exchange files lawsuit alleging 2021 share deal was ‘fraudulent’

Business - Financial Times - 2 days ago

Crypto exchanges turn to derivatives to lure cautious investors

New market entrants switch focus to offering leveraged bets

Business - Financial Times - October 28

Federal Government Approves $1.8 Billion in Hurricane Recovery Funds

After two major storms, the Biden administration has set nearly $2 billion in hurricane recovery funds.

Business - Inc. - October 16

FTX's Nishad Singh gets no jail time, 3 years supervised release for role in crypto fraud

Nishad Singh was the fourth former FTX executive to be handed a punishment tied to the collapse of the crypto exchange in late 2022.

Business - CNBC - October 30

Binance boss hails crypto ‘golden age’ as Trump win fires up industry

Executives expects radical shift in regulatory approach in Washington after Democrat defeat

World - Financial Times - 5 days ago

NYSE plans to extend daily trading to 22 hours on its Arca exchange

Prospect of longer session comes in response to increased interest in buying and selling US stocks around the clock

Business - Financial Times - October 25

America Inc’s new CEO

Has the US now become a distressed asset?

Business - Financial Times - 3 days ago

Nigeria Drops Charges Against Tigran Gambaryan, Jailed Binance Exec and Former IRS Agent

After eight months, one of the US’s most prominent crypto-crime investigators may finally be coming home.

Tech - Wired - October 23

Meet ZachXBT, the Masked Vigilante Tracking Down Billions in Crypto Scams and Thefts

He just untangled a $243 million bitcoin theft, what may be the biggest-ever crypto heist to target a single victim. And he has never shown his face.

Tech - Wired - October 24

Former Abercrombie & Fitch CEO arrested on sex trafficking charges

The investigation involved whether the men sexually exploited and abused young men at parties they hosted in the U.S. and around the world, the sources said.

Details on arrest of former Abercrombie CEO for sex trafficking

Prosecutors say former Abercrombie CEO Mike Jeffries and two of his associates coerced young men to participate in sex parties from 2008 through 2015 by promising them modeling careers. CBS News ...

Justice Department sues to block UnitedHealth Group's $3.3 billion purchase of Amedisys

The Justice Department is suing to block UnitedHealth Group’s $3.3 billion purchase of Amedisys

Health - ABC News - Yesterday

NYSE looks to extend trading day to 22 hours on its Arca Equities exchange

NYSE plans to extend trading day to 22 hours on its fully electronic NYSE Arca Equities exchange.

Business - MarketWatch - October 25

Former Clippers trainer Randy Shelton sues franchise for wrongful termination

Shelton claims he was let go after complaining Kawhi Leonard was subjected to unsafe and illegal injury treatments.

Sports - Yahoo Sports - October 24

Former aide Sue Gray rejects Starmer’s job offer

Ex-chief of staff had been lined up for part-time role as link with devolved nations and regions

Business - Financial Times - 2 days ago

Bitcoin resumes its climb, briefly touching $90,000 in late afternoon trading

Bitcoin climbed over the $90,000 level in late afternoon trading Tuesday.

Business - CNBC - Yesterday

Lucid CEO defends $1.75 billion capital raise following stock drop

Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.

Business - CNBC - October 22

Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise

DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in nearly three years — CEO Peter ...

Mark Cuban Says Crypto Is ‘Waiting for Its Instagram Moment.’ But Hasn’t Its Mainstream Arrival Already Come and Gone?

Crypto gained traction as a libertarian rebuke of traditional finance. With crypto execs making inroads in Washington, has digital currency become everything its proponents used to hate?

Business - Inc. - October 22

U.S. will be ‘more pro-crypto’ after this election, no matter who wins, says Ripple CEO Garlinghouse

Ripple CEO Brad Garlinghouse is a big cynic on U.S. crypto regulation, but highly optimistic about the post-election environment around the corner.

Business - CNBC - October 24

Former Abercrombie CEO Mike Jeffries charged with sex trafficking, interstate prostitution

Abercrombie & Fitch and its former CEO Mike Jeffries were sued last year for allegedly operating a sex trafficking ring that targeted would-be male models.

Business - CNBC - October 22

'Sex events' and NDAs: The federal charges against former Abercrombie CEO Mike Jeffries

Mike Jeffries, the former CEO of Abercrombie & Fitch, has been arrested on sex trafficking and interstate prostitution charges, prosecutors announced Tuesday.

Former Abercrombie CEO out on $10m bond amid sex-trafficking investigation

Authorities investigate allegations Mike Jeffries and others sexually exploited and abused young men at parties. The former Abercrombie & Fitch CEO Mike Jeffries was arrested on Tuesday as part ...

World - The Guardian - October 22

Former Abercrombie & Fitch CEO arrested on sex trafficking charges

Former Abercrombie & Fitch CEO Mike Jeffries was arrested on sex trafficking and prostitution charges, according to two senior law enforcement officials. Matthew Smith, Jeffries’ partner, and ...

Politics - The Hill - October 22

Michael Jeffries, Ex-Abercrombie CEO, Charged With Running Sex-Trafficking Ring

Prosecutors said Michael Jeffries and two others coerced dozens of men into sex acts during Mr. Jeffries’s tenure at the clothing company.

Business - The New York Times - October 22

Former Abercrombie CEO Mike Jeffries Is Arrested, Charged in Sex-Trafficking Case

The indictment alleges that Jeffries pressured models into attending sex parties around the world while he was Abercrombie’s chief executive.

Business - The Wall Street Journal - October 22

Former Abercrombie & Fitch CEO Mike Jeffries charged with sex trafficking

US indictment alleges former executive often recruited male models with the promise of appearing in the retailer’s ads

Business - Financial Times - October 22

Disturbing allegations against former Abercrombie & Fitch CEO Mike Jeffries

Former Abercrombie & Fitch CEO Mike Jeffries and co-defendants Matthew Smith and James Jacobson have been charged with several federal sex crimes. CBS News' Cristian Benavides reports on the ...

Former Abercrombie & Fitch CEO arrested on sex trafficking charges

The former CEO of Abercrombie & Fitch, Mike Jeffries, has been arrested on sex trafficking and interstate prostitution charges. NBC News' Marissa Parra reports on the arrest.

Former Abercrombie & Fitch CEO accused of sex trafficking and interstate prostitution

A federal indictment accuses former Abercrombie & Fitch CEO Mike Jeffries of sex trafficking and interstate prostitution. The indictment says Jeffries, along with an employee and his romantic ...

Latest in FTX sues crypto exchange Binance and its former CEO Zhao for $1.8 billion