Tuesday, October 17, 2023

US v. SBF: Nishad Singh says SBF used customer funds for spending sprees that "reeked of excess" and he learned of an $8B hole two months before FTX collapsed (New York Times)

New York Times:
US v. SBF: Nishad Singh says SBF used customer funds for spending sprees that “reeked of excess” and he learned of an $8B hole two months before FTX collapsed  —  Nishad Singh, testifying at Mr. Bankman-Fried's fraud trial, said FTX customer deposits were used to buy luxury real estate …



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The EU Commission charges Temu with failing to cooperate during a December 2025 raid on its Dublin HQ as part of a probe into the company's foreign subsidies (Inti Landauro/Reuters)

Inti Landauro / Reuters : The EU Commission charges Temu with failing to cooperate during a December 2025 raid on its Dublin HQ as part o...