Bankruptcy

10 Crazy Things Detailed in FTX's Bankruptcy Filing

10 Crazy Things Detailed in FTX’s Bankruptcy Filing

On Thursday, John Ray, III, the new CEO of FTX, filed a long-awaited statement in US bankruptcy court, giving a sober assessment of the collapse of Sam Bankman-Fried’s crypto empire. The bankruptcy court filing followed a whirlwind of events, including the publication of explosive texts that Bankman-Fried sent to a Vox reporter earlier this week. …

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Pakistani Finance Minister Says He Could Buy Russian Oil at Cut Price |  Business and Economics News

Pakistani Finance Minister Says He Could Buy Russian Oil at Cut Price | Business and Economics News

If India buys oil from Russia, “we have a right too,” the minister said as Pakistan aims to preserve its falling forex. Pakistan is considering buying Russian oil at a discount, its finance minister has said, as he seeks to allay concerns that the country may need to reschedule its Paris Club debt following floods …

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