Crypto exchange FTX founder Sam Bankman-Fried (SBF) spent more than $ 100 million of customer funds on political donations, according to an amended indictment. On Monday, U.S. federal prosecutors also alleged that he used two FTX executives as “straw donors” to evade contribution limits. Sam Bankman-Fried Gave Money to Both Democrats and Republicans to …
The digital asset trust firm Bitgo, headquartered in Palo Alto, California, has secured $ 100 million in a Series C funding round. While the company remains tight-lipped about the participants in this financial endeavor, this fresh infusion of capital catapults the firm’s post-valuation to $ 1.75 billion. Bitgo Raises $ 100 Million …
According to a report, the central banks of Ethiopia and Nigeria recently consummated a $ 100 million currency swap transaction. Under the arrangement, an Ethiopian airliner was paid local currency equivalent to $ 100 million while Dangote Cement is said to have received a similar amount of nairas. Ongoing U.S. Dollar Shortages …