Business partners turn on Sam Bankman-Fried

The stunning collapse of one of crypto's most prominent firms has quickly morphed into a legal battle pitting former executives and ex-romantic partners against one another.

From July through October, she told the court, Ellison agreed with Bankman-Fried and others to provide "materially misleading financial statements to Alameda's lenders," and prepared balance sheets that concealed the extent of Alameda's borrowing, according to transcripts from plea hearings held on December 19 and recently unsealed.

A judge released Sam Bankman-Fried on a $250 million bond in his first appearance on American soil since his arrest last week in the Bahamas.Another associate, Gary Wang, FTX's former chief technology officer, pleaded guilty to four counts of similar charges. Wang faces up to 50 years in prison in accordance with federal sentencing guidelines referenced in court.

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'Out of touch' Rishi Sunak criticised for asking homeless man if he 'works in business'British Prime Minister Rishi Sunak's awkward exchange with the homeless man began when he asked Mr Sunak if he was 'sorting the economy out'. Will be funny to see how the media would have reacted if that was Charles or Elizabeth ..lol Not a fan of the tories, but having watched the whole video, honestly wasn't that bad. Seemed like he got ticked off when the guy made that comment but then they had a genuine exchange. Wrong, he has a touch , Midas touch. But only if that benefits him personally.
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Slow electric charge will keep petrol-powered service stations in businessAustralia’s gas guzzling vehicle fleet - one of the most polluting in the world thanks to our love of 4WDs and utes - keeps rental income ticking over in the country’s vast network of petrol stations.
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