At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter. The exchange’s founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to Bankman-Fried’s trading company Alameda Research, the people told Reuters. A large portion of that total has since disappeared,
READ MOREU.S. Treasury Secretary Janet Yellen accused Russian officials attending a G20 finance leaders meeting of being “complicit” in atrocities in Russia’s invasion of Ukraine, while host India avoided mentioning the year-long war in inaugural remarks. Indian Prime Minister Narendra Modi urged the financial leaders to focus on the world’s “most vulnerable citizens”, making no direct
READ MOREAstraZeneca PLC (LON:AZN) posted better-than-expected core income in the fourth quarter, thanks to strong demand for its cancer and rare disease therapies that helped make up for waning sales of its COVID-19 vaccine. Core earnings per share during the three months ended on December 31 was $1.38, a drop in actual terms of 17% compared
READ MORECongress MP from Assam, Gaurav Gogoi, has criticized Chief Minister Himanta Biswa Sarma for allegedly attempting to create a Hindu-Muslim divide in the state. Speaking at the India Today Conclave in Mumbai, Gogoi expressed confidence that the people of Assam would reject such divisive tactics in the upcoming 2026 elections. Intelligent Voters When questioned about
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