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(Bloomberg) -- Investment firm Proof Group is one of multiple bidders looking to relaunch bankrupt crypto exchange FTX, according to a person familiar with the matter. The firm is also part of the Fahrenheit consortium, a group of investors and crypto companies that won a bid to acquire the remains of bankrupt crypto lender Celsius Network. Fahrenheit is backed by Arrington Capital, a crypto hedge fund.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30

The arrest of Three Arrows Capital co-founder Su Zhu in Singapore on Friday was yet another example of the dramatically declining fortunes of formerly highflying crypto founders around the world.

Joe Bankman and Barbara Fried are renowned legal scholars and taught at Stanford Law School. Bankman is an expert on taxes, while Fried’s specialty is ethics.

Johnson & Johnson wrapped up a trial today to determine if the health care giant is misusing the bankruptcy system for the second time in less than

Inflation won’t improve until the backbone of “Bidenomics” — the labor market — starts to slip a disk.