Founder Sam Bankman-Fried is said to have diverted $300 million out of $420 million in investor money

Sam Bankman-Fried The founder of the crypto exchange FTX is getting more and more criticism. (Foto: The Washington Post/Getty Images) New York FTX founder Sam Bankman-Fried is said to have used almost three quarters of the money that investors had pledged in a financing round in 2021 for his own purposes. The Wall Street Journal reports. … Read more

Despite bankruptcy, Sam Bankman-Fried is looking for new investors

Sam Bankman-Fried The co-founder and CEO of the crypto exchange FTX is threatened with investigations by the public prosecutor. (Foto: Bloomberg/Getty Images) New York It would be a desperate maneuver: According to US media reports, the founder of the failed cryptocurrency exchange FTX, Sam Bankman-Fried, still believes he can raise enough money to compensate his users. … Read more

Oil prices briefly rise 18 percent to almost $140 a barrel

Oil prices briefly rise 18 percent to almost $140 a barrel

Ukraine conflict While the West discusses sanctions, the oil price continues to rise indignantly. (Photo: dpa) New York Discussions about an import ban on Russian oil pushed the price of crude oil up to $139 a barrel at the start of trading in Asia on Monday night. This triggered a mood of crisis on Asia’s … Read more

World’s largest credit card issuers suspend business in Russia

World’s largest credit card issuers suspend business in Russia

Visa and Mastercard credit cards Because of the Russian invasion of Ukraine, the two credit card providers are suspending their business in Russia. (Photo: dpa) Washington Because of the Russian invasion of Ukraine, the world’s two largest credit card providers, Visa and Mastercard, are suspending their business in Russia. Visa will work with customers and … Read more

The fallout after the resignation of naval chief Schönbach

“Such statements raise the suspicion that Germany should ideally do nothing at all and want to keep possible sanctions as small as possible. And a quiet Federal Chancellor is enthroned above everything,” said Thomas Kleine-Brockhoff, Vice President of the German Marshall Fund and former head of the planning office of the then Federal President Joachim … Read more

What will happen to WhatsApp and Instagram?

Logos from Facebook, Whatsapp and Instagram Facebook bought Instagram for around $ 1 billion in 2012 and WhatsApp for around $ 22 billion in 2014. (Photo: Reuters) Washington The competition lawsuit, with which the US government wants to smash Facebook, has been accepted in the second attempt by a court in Washington. Judge James Boasberg … Read more