FINS

Russia outlines plan for ‘unfriendly’ investors to sell at half price

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This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, Dec. 30 (Reuters) – Foreign investors from “unfriendly” countries selling stakes in Russian assets may have to do so for half the price or less, the finance ministry said on Friday, cutting Russia’s budget by 10% is … Read more

Bankman-Fried plans to plead not guilty in the FTX fraud case

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NEW YORK, Dec. 30 (Reuters) – Sam Bankman-Fried is expected to enter a plea on Tuesday not guilty of criminal charges that he defrauded investors and looted billions of dollars at his now-bankrupt FTX cryptocurrency exchange, according to a known source with the case. Bankman-Fried is accused of illegally using customer FTX funds to support … Read more