Bankman-Fried’s FTX, senior staff, parents bought Bahamas property worth $300 million

NEW PROVIDENCE, Bahamas (Reuters) – Sam Bankman-Fried’s FTX, his parents and senior executives at the failed cryptocurrency exchange have bought at least 19 properties worth nearly $121 million in the Bahamas over the past two years. , as the official property records show. Separately, FTX’s attorneys said on Tuesday that one of the company’s divisions … Read more

Who’s Who in the FTX Inner Circle

FTX’s demise was quick and brutal. In eight days earlier this month, the crypto exchange — developed as a skunk work project at Sam Bankman-Fried’s quantum trading firm Alameda Research — went from being one of the largest and most valuable of all time to a pile of chess bets and worthless chips. Exactly how … Read more

Stock market news lives updates: Futures higher ahead of Thanksgiving holiday

Stock futures were slightly higher on Wednesday, the last full day of trading before Thanksgiving. By around 7 a.m. ET, futures contracts tied to the S&P 500, Dow and Nasdaq were all up more than 0.1%, with Nasdaq futures stimulating markets by 0.27%. Wednesday will serve as the last full day of trading this week, … Read more

Jen Psaki is going out, to be supplanted by Karine Jean-Pierre

Jen Psaki is going out, to be supplanted by Karine Jean-Pierre Jean-Pierre will be the primary Black press secretary in history and the principal transparently gay one as well. President Joe Biden reported on Thursday that White House press secretary Jen Psaki is leaving the organization on May 13, to be supplanted by her agent, … Read more