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FTX's Bankman-Fried Charged with Bribing Chinese Officials in New Indictment

U.S. prosecutors on Tuesday unveiled a new indictment against Sam Bankman-Fried, accusing the founder of now-bankrupt FTX cryptocurrency exchange of conspiring to pay a $40 million bribe to Chinese

Ex-Law Firm Partner Charged with False Statements to U.S. Bankruptcy Court

A former partner at major international law firms was accused on Tuesday of making false statements to a U.S. bankruptcy court, part of what U.S. prosecutors alleged was an effort to hold onto a multi

AMC Entertainment Shares Jump on Report Amazon Exploring a Deal

Shares of AMC Entertainment Holdings Inc jumped as much as 21% on Tuesday, following a report that ecommerce giant Amazon.com Inc was looking to buy the theater chain, Reuters reported. Amazon founder

Distress in Office Market Spreads to High-End Buildings

Defaults and vacancies are on the rise at high-end office buildings, in the latest sign that remote work and rising interest rates are spreading pain to more corners of the commercial real-estate

Distress in Office Market Spreads to High-End Buildings

Defaults and vacancies are on the rise at high-end office buildings, in the latest sign that remote work and rising interest rates are spreading pain to more corners of the commercial real-estate

Judge Halts Voyager Digital's $1.3 Billion Sale to Binance.US

A federal judge on Monday temporarily stopped bankrupt Voyager Digital from completing a proposed $1.3 billion sale to crypto exchange Binance.US, allowing the U.S. government more time to pursue

Binance and Founder Changpeng Zhao Sued by CFTC

Binance and its founder Changpeng Zhao are being sued by the Commodity Futures Trading Commission for numerous alleged violations of the Commodity Exchange Act and CFTC regulations, the Associated

Top Bank Regulators to Face Senate Questions Over SVB, Signature Collapses

Three top U.S. officials are likely to face pointed questions from lawmakers Tuesday about their oversight of Silicon Valley Bank and Signature Bank, as well as their response when the banks collapsed

FDIC Spent $20 Billion to Handle Silicon Valley Bank Collapse

The collapse of Silicon Valley Bank (SVB) set the Federal Deposit Insurance Corporation (FDIC) back only $20 billion while the failure of Signature Bank cost just $2.5 billion, according to prepared

FDIC Is Probing Management’s Conduct in SVB, Signature Bank Failures

A top US banking regulator has launched investigations into managers’ conduct in the Silicon Valley Bank and Signature Bank failures, Reuters reported. “It is worth noting that these two institutions