FTX Seeks to Recover $700 Million from Sam Bankman Fried’s Affiliated Funds

FTX Seeks to Recover $700 Million from Sam Bankman Fried’s Affiliated Funds

Now-defunct cryptocurrency exchange FTX has sued a former aide of Hilary Clinton and the former aide’s investment firm, K5 Global, to retrieve $700 million in funds. On Thursday, the company filed a complaint in Wilmington, Delaware, bankruptcy court, asking back the $700 million its founder Sam Bankman-Fried transferred to K5 entities in 2022. The lawsuit names K5 Global, Mount Olympus Capital, and…

Martin Lewis reveals the one button you should NEVER press on holiday

Martin Lewis reveals the one button you should NEVER press on holiday

The finance expert shared the warning on The Martin Lewis Money Show The button issue arises when travellers take out cash or pay with plastic READ MORE: The world’s 50 best restaurants for 2023: Eatery in Peru is No.1 Money expert Martin Lewis has warned Britons that there’s one button they should never press while holidaying overseas. When travellers…

Venezuela’s Cryptocurrency Mining Ban Damages Industry Maduro Once Supported

Venezuela’s Cryptocurrency Mining Ban Damages Industry Maduro Once Supported

Venezuela’s ban on cryptocurrency mining has severely damaged the industry that President Nicolás Maduro once supported. Back in March, the state regulators ordered a halt on mining cryptocurrencies after an investigation into a corruption scheme in which crypto wallets redirected payments owed to the state-run oil company Petróleos de Venezuela. So far, around 80 people have been arrested in…

These 3 No-Brainer Stocks Are Leading the Market This Quarter. Can You Still Buy?

These 3 No-Brainer Stocks Are Leading the Market This Quarter. Can You Still Buy?

Most investors are enjoying the recent bounce in equity prices, but for some shareholders the bounce has been more of a catapult. Shares of Celsius (NASDAQ: CELH), Nu (NYSE: NU), and Wayfair (NYSE: W) have soared more than 50% just in the second quarter. The three stocks have risen 51%, 62%, and 61%, respectively, since the end of March. The gains are substantial, but…

French Real Estate Firm Signs Crypto Pay Deal – Is Adoption on the Rise?

French Real Estate Firm Signs Crypto Pay Deal – Is Adoption on the Rise?

A French real estate firm has signed a partnership deal with domestic crypto pay provider, an indication that the European nation may be the next to embrace crypto-powered commerce. Per Boursier, Apsys will allow customers to pay using crypto at all of its shopping malls. The firm operates the malls L’Heure Tranquille in Tours, Les Rives de l’Orne in Caen,…

Gemini Announces Plans for Expansion in Asia-Pacific Amid SEC Lawsuit

Gemini Announces Plans for Expansion in Asia-Pacific Amid SEC Lawsuit

Crypto exchange Gemini has announced plans to expand into the Asia-Pacific (APAC) region to capture the “next wave of growth for crypto.” The US-based crypto exchange aims to increase its headcount in Singapore and establish an engineering division in India, the platform said in a Monday blog post. “We are excited to announce our expansion plans in APAC as Gemini’s leadership team recently…

Bitcoin ETF Race Intensifies as WisdomTree and Invesco Both File Submissions Within 24 Hours Joining BlackRock

Bitcoin ETF Race Intensifies as WisdomTree and Invesco Both File Submissions Within 24 Hours Joining BlackRock

The competition to launch a spot Bitcoin exchange-traded fund (ETF) in the US has intensified, with Invesco and WisdomTree filing submissions with the Securities and Exchange Commission for their own Bitcoin ETFs. On Tuesday, WisdomTree filed for the WisdomTree Bitcoin Trust, requesting the SEC to allow it to list its fund on the Cboe BZX Exchange under the ticker “BTCW.” The asset management firm, with…

I Went to 4 Finance Pros for Their Best Advice: Here’s the Ultimate Financial Planning Guide

I Went to 4 Finance Pros for Their Best Advice: Here’s the Ultimate Financial Planning Guide

recently got a promotion and figured it was a great time to start really hashing out my finances. I wanted to make a financial plan of some kind, but wasn’t sure where to start. When I reached out to experts on the matter, many of them referenced the six steps in the financial planning process, according…

2 Stocks That Are Absurdly Cheap Right Now

2 Stocks That Are Absurdly Cheap Right Now

Copper miner Freeport-McMoRan (NYSE: FCX) and GE Healthcare Technologies (NASDAQ: GEHC) are both compelling buys based on their current earnings and their growth potential. Here’s why they are worth adding to a diversified portfolio. Freeport-McMoRan electrifies the future The case for copper is based on a long-term marginal increase in demand from the “electrification of everything,” a catch-all phrase to describe…

End of content

End of content