But prosecutors have accused him of using FTX customer funds to prop up his crypto-focused hedge fund, Alameda Research, make speculative venture investments, and donate more than $100m to US political campaigns. He also faces charges of trying to cheat Alameda’s lenders and FTX investors.
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Boohoo sales surge as going-out clothes replace athleisure
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“I am delighted with our performance in the first quarter, particularly as it was always going to be challenging...
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TUC: Jobs at risk if UK fails to hit carbon emissions target
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“In recent months we’ve secured record investment in wind power, published a world-leading Hydrogen Strategy, pledged £1bn in funding...
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Prepayment energy customers feeling the strain
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British Gas has the highest number of prepayment customers in the UK and they told the BBC they have...
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Banks warned over ‘weak excuses’ for savings rates
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“If the high street banks continue to pay poor savings rates on their instant access accounts, they should make...
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Why can’t the US stop soaring oil and gas prices?
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And while many small private companies, like Mr Wendt’s, are still pushing to boost output, the biggest firms have...
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Virgin Orbit: Branson’s rocket dream ends after mission failure
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Rival start-up Rocket Lab has bought most of Virgin Orbit’s headquarters in California as well as other assets. The...
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‘P&O Ferries weren’t just jobs they were our homes’
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Former P&O employee John, one of 800 people suddenly made redundant by the company, explains why he is angry...
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Alison Rose: The bank boss caught up in the Nigel Farage row
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Earlier this year, she pocketed a bumper payout of more than £5m on the back of strong profits, receiving...
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