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

Key Factors

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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Finance

Stocks making the biggest moves after hours: Worthington Steel, Karman, MillerKnoll and more

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Check out the companies making headlines after the bell : MillerKnoll — The furniture stock plunged 14%. MillerKnoll posted fiscal third-quarter adjusted earnings of 43 cents on revenue of $926.6 million. That reflected a year-over-year decline of 2% for adjusted earnings and an increase of 6% for revenue. The company warned of a roughly $8 […]

Finance

The research firm whose AI paper knocked the whole stock market is out with another big call

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Finance

Former SEC chair Jay Clayton says regulators would scrutinize trading ahead of Trump post

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Key Points Volume in S&P 500 and oil futures spiked on Monday roughly 15 minutes before President Donald Trump said the U.S. and Iran held talks over the weekend and that strikes on Iranian infrastructure would be halted. “Any move like that in advance of any announcement, the regulators are going to look at,” Jay […]