The company’s new management, which took over when FTX founder Sam Bankman-Fried resigned Nov. 11, told a procedural hearing on Tuesday that it had over $1 billion in assets identified. The company located about $720 million in cash assets, which the exchange has yet to consolidate, in U.S. financial institutions authorized to hold funds by the U.S. Department of Justice. Another near $500 million is already being held in U.S. institutions.
President Milei Gets Absolved: No Infringement Found in Libra’s Promotion
The Anti-Corruption Workplace (AO) discovered that President Javier Milei didn't violate any ethics legal guidelines together with his involvement within...