The tweet was, as discussed, net bad. Billions gushed out of the platform in less than five days. When it was all over, more than $8bn in customer funds were missing and the company was bankrupt. Five weeks after that, prosecutors in Manhattan charged Bankman-Fried, who had already resigned, with several financial offences including wire fraud, securities fraud, commodities fraud and money laundering.
One reason he feels so strongly is that Johnson, who worked as a cash trader for Barclays from 1981...
Caroline Abrahams, charity director at Age UK, said: “Many older people rely on cash and it’s really disappointing that...
“The cost of transportation and fuel, the cost of containers – that is double digit percentage inflation that we’re...
“While electric car drivers may not be immune from the rocketing price of wholesale energy – most notably gas,...
“The factors which worked against the FTSE-100 in 2020 – the pandemic, a deep recession and Brexit – will...
But the two sides still disagree over access to UK waters by the EU’s fishing fleets – an issue...
France’s finance minister also told the BBC that Europe will be one the world’s key economic powers.
Suren Thiru, head of economics at the British Chambers of Commerce, said the decline in economic output in the first...
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