Tag Archives: DBT

Sam Bankman-Fried sought ‘justifications’ for lacking funds, lawyer testifies

Sam Bankman-Fried sought 'justifications' for missing funds, lawyer testifies

Former FTX Chief Government Sam Bankman-Fried, who faces fraud costs over the collapse of the bankrupt cryptocurrency trade, leaves following a listening to at Manhattan federal courtroom in New York Metropolis, U.S. January 3, 2023. REUTERS/Andrew Kelly/File Picture Acquire Licensing Rights NEW YORK, Oct 19 (Reuters) – Cryptocurrency trade FTX’s former prime lawyer testified on Thursday that its founder Sam …

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Most Turkey depositors returned to forex after leaving lira scheme

Most Turkey depositors returned to forex after leaving lira scheme

U.S. dollar banknote is placed on Turkish Lira banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Scheme protects deposits from FX depreciation Adopted in 2021 to halt lira crash After U-turn, Ankara wants to wind it down Bankers, data suggest most returned to dollars in Aug ISTANBUL, Sept 4 (Reuters) – Turkish depositors mostly …

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Malawi ‘on course’ to restructuring $1.2 billion debt

Malawi 'on course' to restructuring $1.2 billion debt

BLANTYRE, Aug 27 (Reuters) – Malawi is on course to getting its $1.2 billion external debt with different lenders restructured to “sustainable levels”, its central bank said in a statement on Sunday. The bulk of the debt – $800 million – is contracted with Afriximbank, and repayments started in 2020, it said. The Reserve Bank of Malawi said in its …

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