G20 Finance Leaders To Gauge Toll On Global Economy On Ukraine War's Anniversary

G20 Finance Leaders To Gauge Toll On Global Economy On Ukraine War’s Anniversary

By David Lawder BENGALURU (Reuters) – Global finance leaders will tally the economic damage from Russia’s war in Ukraine on Friday as they meet on the conflict’s first anniversary with some voicing concerns that more sanctions on Moscow would disrupt a modest improvement in growth. The meeting of G20 finance ministers and central bank governors…

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U.S. Justice Dept Accuses Google Of Evidence Destruction In Antitrust Case

U.S. Justice Dept Accuses Google Of Evidence Destruction In Antitrust Case

By Mike Scarcella (Reuters) – U.S. Justice Department lawyers say that Alphabet Inc’s Google destroyed internal corporate communications and have asked a federal judge to sanction the company as part of the government’s antitrust case over its search business. The DOJ asserted in a court filing unsealed in a Washington, D.C., federal court on Thursday…

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U.S. regulators warn banks to be on alert for crypto-related liquidity risks

By Pete Schroeder and Hannah Lang WASHINGTON (Reuters) -Top U.S. banking regulators issued a fresh warning to banks to be on guard for any liquidity risks from cryptocurrency-related clients, cautioning some of their deposits could prove volatile. In a joint statement issued Thursday, the Federal Reserve, Federal Deposit Insurance Corporation, and the Office of the…

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Bankman-Fried Faces More Criminal Charges, Allegedly Hid Political Donations

Bankman-Fried Faces More Criminal Charges, Allegedly Hid Political Donations

By Luc Cohen and Jonathan Stempel NEW YORK (Reuters) -Sam Bankman-Fried was hit with new criminal charges on Thursday, in an expanded indictment accusing the founder of the now-bankrupt FTX cryptocurrency exchange of conspiring to make more than 300 illegal political donations. Bankman-Fried now faces 12 criminal charges, including four for fraud and eight for…

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Bankman-Fried, Others Made More Than 300 Illegal Political Donations, New Indictment Says

Bankman-Fried, Others Made More Than 300 Illegal Political Donations, New Indictment Says

NEW YORK (Reuters) – Sam Bankman-Fried and his co-conspirators made more than 300 illegal political donations in the United States, according to a new indictment against the FTX cryptocurrency exchange founder unsealed on Thursday in Manhattan federal court. The donations, totaling tens of millions of dollars, were unlawful because they were attributed to a “straw…

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