Name: REAL reason for Twitter auction;Ex FTX CEO faces up to 115 prison years;Is this WAPO piece for real? | Videos | Gan Jing World
Uploaded: 2022-12-16T00:20:00.814Z
Duration: 16 min 12 s
Description: U.S. federal law enforcement accused FTX co-founder Sam Bankman-Fried of using tens of millions of dollars, of misappropriated customer funds, to make illegal p... | Videos | Gan Jing World

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U.S. federal law enforcement accused FTX co-founder Sam Bankman-Fried of using tens of millions of dollars, of misappropriated customer funds, to make illegal political contributions, to Democratic and Republican candidates.

The arrest of Sam Bankman-Fried, and media reports that the US Department of Justice is investigating Binance, the largest cryptocurrency exchange, have led to great tension among investors.

Elon Musk's title has been changed to the new owner of Twitter, and it is no longer the "richest man in the world"? Meanwhile, After massive layoffs, Twitter is starting to auction off office assets. 

While a recent article in the Washington Post was ridiculed, it announces job cuts.
 
As expected, the Federal Reserve announced a 50 basis point increase in the federal base rate.


