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Exclusive: Bankman-Fried's FTX Parents Bought Bahamian Property Worth $121M

Exclusive: Bankman-Fried’s FTX Parents Bought Bahamian Property Worth $121M

FTX unit purchased 7 condos in upscale resort for “key personnel” Bankman-Fried’s parents named owners of $16.4 million vacation home Bankman and Fried tell Reuters: Seeking to return the deed to FTX NEW PROVIDENCE, Bahamas, Nov 22 (Reuters) – Sam Bankman-Fried’s FTX, his parents and top executives of the failed cryptocurrency exchange have purchased at …

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European retailers scramble to keep prices low to attract struggling shoppers

European retailers scramble to keep prices low to attract struggling shoppers

LONDON, Nov 9 (Reuters) – Some European retailers forecast or announced better sales for the year this week after scrambling to keep prices low to attract cash-strapped shoppers, while others including Marks & Spencer (MKS.L) and Adidas (ADSGn.DE) warned of profiteering. Many consumers have turned to cheaper private label products, boosting sales at retailers like …

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