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A fire has broken out at an oil refinery in Russias Bashkortostan and firefighting is underway, with the production site suffering minor damage, the regional governor said.British retailer Sainsburys confirmed it is in discussions to sell its Argos subsidiary to JD.com (JD.O).The Cyberspace Administration of China is soliciting public opinions on the "Regulations on Promoting and Standardizing the Application of Electronic Documents (Draft for Comments)".On September 13th, Trump released a letter to all NATO nations and the world. He stated, "I am ready to impose significant sanctions on Russia when all NATO nations agree and begin taking the same actions, and all NATO nations stop buying Russian oil." As you know, NATOs commitment to "winning this war" is far from 100%, yet some countries are still buying Russian oil, which is truly shocking! This significantly weakens their negotiating position and leverage with Russia. This is not Trumps war (if I were president, this war would never have happened!), but Biden and Zelenskys war. My sole purpose is to help end this war and save tens of thousands of Russian and Ukrainian lives. If NATO does what I say, this war will end quickly, and all these lives will be saved!On September 13, Russian Permanent Representative to the United Nations Vasily Nebenzya revealed on the 12th that Poland acknowledged that a drone that recently entered Polish airspace may have originated from Ukrainian territory, stating that it was no secret that Ukraine "has been attempting to expand the geographical scope of the Russia-Ukraine conflict." This statement further complicates the Polish version of the Russian drones entry into Polish airspace. Several European and American experts, scholars, and politicians speculated that there may be a hidden story behind this incident.

Former FTX CEO Bankman-Fried arrested in Bahamas

Skylar Shaw

Dec 13, 2022 15:31

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A representative for the Manhattan office of the U.S. Attorney confirmed that Bankman-Fried had been detained in The Bahamas but would not elaborate on the charges.


The Bahamas Attorney General Ryan Pinder's office stated: "As a result of the notification received and the material presented therewith, it was judged necessary for the Attorney General to seek SBF's arrest and hold him in custody pursuant to our nation's Extradition Act."


It was impossible to get in touch with Bankman-attorney Fried's right away for comment.


In a series of interviews and appearances in front of the public in late November and early December, Bankman-Fried acknowledged risk management shortcomings but sought to distance himself from fraud allegations, claiming he never purposefully mixed up customer funds on FTX with funds at his proprietary trading company, Alameda Research.


In an interview with the New York Times on November 30, Bankman-Fried stated, "I didn't ever try to commit fraud," and he added that he doesn't believe he is legally responsible.


In one of the most publicized cryptocurrency meltdowns, FTX, one of the biggest cryptocurrency exchanges in the world, filed for bankruptcy protection on November 11 after users withdrew $6 billion from the platform in just three days and rival exchange Binance abandoned a rescue plan.


According to Reuters, which cited two persons with knowledge of the situation, Bankman-Fried surreptitiously transferred $10 billion of FTX customer cash to Alameda, which led to the liquidity crisis. The folks claimed that at least $1 billion in client funds had disappeared.


The day before FTX filed for bankruptcy, Bankman-Fried announced his resignation as CEO of the company.


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