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Cryptocurrencies

Cryptocurrency Fraud: “FTX founder Sam Bankman-Fried to be released on $250 million bail, will live with his parents”

“FTX founder Sam Bankman-Fried was released on $250 million bond while awaiting trial for fraud and other criminal charges, a New York federal judge ruled Thursday. Bankman-Fried stepped out of U.S. District Court in Manhattan, flanked by his parents, his legal team,… Continue Reading…

Cryptocurrencies

“Sam Bankman-Fried steps down as FTX CEO as his crypto exchange files for bankruptcy”

“Sam Bankman-Fried’s cryptocurrency exchange FTX has filed for Chapter 11 bankruptcy in the U.S., according to a company statement posted on Twitter. Bankman-Fried has also stepped down as CEO and has been succeeded by John J. Ray III, though the outgoing… Continue Reading…

Economy

“KFC looks to hire 20,000 workers as restaurant industry faces labor crunch”

“Fast-food chains typically hire tens of thousands of workers in time for the summer months, which are among the busiest for the sector. This year, the hiring announcements arrive as restaurants report a shortage of willing workers. The labor crunch is… Continue Reading…