FTX Lent Billions of Dollars of Customer’s Assets to Fund Risky Bets
The crypto exchange FTX lent billions of dollars of customer’s money to its affiliated trading firm, Alamedo Research, to fund risky investments.
Cargo Ship Sank with the Luxury Cars On It
The cargo ship, Felicity Ace, finally sank with the luxury cars being transported to Rhode Island. The ship was carrying Porsches, Audis, Bentleys, Lamborghinis and other luxury cars onboard. The…
DoorDash Acquiring Finnish Company Wolt in Multi-Billion Dollar Deal
DoorDash said that it was acquiring Wolt, a food delivery company from Finland. It’s an all stock deal worth around $8.1 billion deal.