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On June 27, following the US militarys airstrikes against Iran on June 26, US Vice President Vance stated that if Iran resorts to violence, it will face a military response. Vance posted on social media that day: "Iran signed a ceasefire agreement, and we have honored it. If they have objections to how the memorandum of understanding is being implemented, they can communicate directly by phone. But if violence is used, it will be met with a military response." Earlier on June 26, the US Central Command issued a statement saying that the US military launched strikes against Iran that day in response to the attack on a merchant ship transiting the Strait of Hormuz the previous day.On June 27, Nasdaq announced that SpaceX (SPCX.O) will be included in the Nasdaq 100 Index, subject to final eligibility requirements. Funds tracking the index are expected to begin buying its shares after the market closes on July 6, before the formal inclusion. SpaceX is expected to have a weighting of less than 1% in this technology-heavy index.IMF Chief Economist Guransha: The conflict involving Iran has not led to a further surge in oil prices, as countries have released strategic reserves and refineries have adjusted their production.IMF Chief Economist Guransha: Following the implementation of tariffs by the United States, a new trade relationship has emerged that does not include the United States.The US military stated that it will maintain a continued presence and remain vigilant to ensure that all provisions of the Iran nuclear deal are observed, implemented, and fully effective.

U.S. probes how $370 million vanished in hack after FTX bankruptcy

Cory Russell

Dec 28, 2022 14:17

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According to a source familiar with the investigation, Bloomberg News reported on Tuesday that federal authorities are looking into an alleged cybercrime that allegedly siphoned out more than $370 million from cryptocurrency exchange FTX hours after it filed for bankruptcy.


The Department of Justice's criminal investigation into the stolen property is unrelated to the fraud case against FTX co-founder Sam Bankman-Fried, the report said.


The Manhattan U.S. attorney's office representative declined to confirm or comment on the matter, while FTX and the DoJ did not immediately reply to a request for comment from Reuters.


Bankman-Fried left his position as CEO and FTX filed for bankruptcy in the United States last month after traders withdrew billions from the platform in just three days and a competing exchange, Binance, abandoned a rescue plan.


The US Department of Justice charged Bankman-Fried with orchestrating a "fraud of epic dimensions" that cost FTX billions of dollars, according to a US prosecutor.


Bankman-Fried established FTX in 2019 and profited on a surge in the value of bitcoin and other digital assets to become a multi-billionaire and a significant contributor to American political campaigns.


Fears over the future of the cryptocurrency sector have increased as a result of the FTX collapse after the troubled exchange declared a "serious liquidity issue.