FTX’s Gary Wang, Alameda’s Caroline Ellison plead guilty to federal fees, cooperating with prosecutors

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FTX co-founder Gary Wang and former Alameda Exploration co-CEO Caroline Ellison the two pleaded responsible to federal costs in the Southern District of New York.
At the same time, the two the Commodity Futures Buying and selling Fee and Securities and Exchange Fee launched civil problems from them.
Ellison, 28, and Wang, 29, turn out to be the 2nd and 3rd individuals to be billed in link with FTX’s multibillion-dollar collapse. Bankman-Fried, 30, was indicted in federal courtroom earlier this month.

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With foreign tourists boycotting the U.S., businesses brace for falling sales

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Key Points International tourists are skipping trips to the U.S. amid tensions tied to trade, immigration and territory. Many businesses that rely on foot traffic from overseas visitors are already seeing a financial hit, even before heading into peak travel season. New York, Miami, Los Angeles, Orlando, San Francisco and Las Vegas are examples of […]