Recession fears have grown in recent weeks as inflation continues to weigh on household budgets and the Federal Reserve looks set to raise interest rates and further slow the economy. As if unaware, however, the job market boomed. Hiring last month exceeded expectations and defied warnings of a slowdown. But the good jobs news could …
How millions of missing workers are coping without a job Read More »
FTX’s bankruptcy team is struggling to track down all of the cryptocurrency exchange’s assets after it collapsed and filed for Chapter 11 on Nov. 11. Wall Street Journal reported. X The company’s new management is trying to track down and recoup at least some of the billions of dollars that flowed through FTX and sister …
FTX assets missing, stolen; But Bitcoin’s $1 Million Goal Is Still in Play Read More »
By Angus Berwick New York (Reuters) – At least $1 billion in client funds have disappeared from collapsed crypto exchange FTX, according to two people familiar with the matter. Exchange founder Sam Bankman-Fried secretly transferred $10 billion in client funds from FTX to Bankman-Fried’s trading firm Alameda Research, the people told Reuters. Much of that …
