Sam Bankman-Fried Says FTX Had $8 Billion in Assets As New CEO Took Over
"In addition to that, there were numerous potential funding offers–including signed LOIs post chapter 11 filing totaling over $4b."
Source: businessinsider.com
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Top News In Rian Evans Today - Breaking & Trending Today
Copper Price Tops $9,000 As Economic Bellwether Enters New Bull Market
The third most widely used metal in the world has risen for five consecutive sessions and is already starting off 2023 with a gain of 8%.
Source: businessinsider.com
Ray Dalio's Bridgewater Doubles Fund Assets in China to $2.93 Billion
Bridgewater's first Chinese fund has notched an annualized return of 15.6% in the first four years since launching in 2018.
Source: businessinsider.com
FTX Creditors' Names Will Remain Under Wraps, Unlike Equity Holders'
A judge in the FTX bankruptcy case agreed to keep the names of the firms' creditors sealed for at least three more months.
Source: businessinsider.com
Russia to Crack Down on Oil Discount As Sinking Revenues Blow up Deficit
Russia plans to use international crude oil prices to stave off the fallout from the price cap that's widening the Kremlin's budget deficit.
Source: businessinsider.com