Disgraced FTX founder Sam Bankman-Fried busted in Bahamas, charged with defrauding investors out of $1.8B

Accused crypto crook Sam Bankman-Fried has been busted in the Bahamas — accused of “massive, years-long fraud” that defrauded investors out of $1.8 billion through “a house of cards” built “on a foundation of deception.” The fallen 30-year-old FTX mogul was arrested Monday night after the Bahamian government received formal notification from the US of…

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Extortion ‘mafia’ hits South Africa’s $55 billion mining sector

A threatening letter, a derailed train, blocked roads, burned vehicles, workers locked up. That’s what some of the world’s biggest mining companies say they’re battling in South Africa: Extortion. Covid plunged Africa’s most-industrialized country — home to the biggest deposits of metals ranging from platinum to chrome and manganese — into the deepest economic contraction…

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