At least $1 billion of client funds missing at failed crypto firm FTX : Report

At least $1 billion of client funds missing at failed crypto firm FTX : Report

Nov 12, 2022

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

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Gold, Copper Slip as Powell Dashes Fed Pivot Hopes

Gold, Copper Slip as Powell Dashes Fed Pivot Hopes

Nov 3, 2022

Gold prices fell on Thursday, reversing recent gains as hawkish comments from Federal Reserve Chairman Jerome Powell dashed hopes that interest rate hikes will end soon, while copper prices were also hit by uncertainty over China withdrawing its zero-COVID policy The Fed hiked

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