The cryptocurrency exchange FTX owes creditors $3.1 billion, according to court documents filed late Saturday night. The Bahamas-based platform filed for bankruptcy earlier this month after the company, run by 30-year-old Sam Bankman-Fried, collapsed. The company saw its value soar to a peak of $32 billion in January. Creditors’ names were not listed on the…
DetailsSam Bankman-Fried, former boss of failed cryptocurrency exchange FTX, has arrived by plane in New York from the Bahamas to face fraud charges. The 30-year-old was extradited on suspicion of committing “one of the biggest financial frauds in US history”, US authorities have said. Mr Bankman-Fried, who denies the allegations, may appear in court later…
DetailsInfidelity site Ashley Madison, famously hacked last year, is now being investigated by the Federal Trade Commission.
The Federal Trade Commission on Friday asked that notorious “pharma bro” Martin Shkreli be held in contempt of court for forming a new drug company in violation of a judge’s ban on the convicted fraudster from working in the pharmaceuticals industry. Shkreli, who was released from prison last year, in February was banned “for life…
DetailsA small plane used as an auxiliary Coast Guard patrol unit crashed into a popular recreational field in Bergen County, and the pilot is being lauded for taking the failing plane down in a way to avoid hitting any people below.
An Orthodox Jewish mother of six who was barred from speaking with her own children because she insisted on raising them in a religious home has been thrown in jail because she lacked the financial means to reimburse her wealthy ex-husband $10,000 in court costs as order by an Ohio judge.
A newly married Israeli man travelling to the US with his bride for their honeymoon died onboard an Iberia Airlines flight shortly after eating the in-flight meal.
Monsey resident 29-year-old Refael Koenig was beaten was using his iPhone to record a Spring Valley chasenah he was attending last week when suddenly, he was attacked for being in possession of a smartphone, Channel 12 News reports.
Speaking to Italian newspaper La Repubblica over the weekend, prize-winning Israeli author David Grossman expressed his support for Prime Minister Binyamin Netanyahu’s position on the Iranian nuclear program.
One of the first leaders to express their condolences following the Paris attacks was Iran’s president Hassan Rouhani. In his message to French president François Hollande he condemned the attacks, while reminding Hollande that Iran itself has been a victim of “the scourge of terrorism.”
