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Meet Akash Bobba, Indian-Origin Engineer With Key Role In Elon Musk's DOGE
Before joining DOGE, Akash Bobba, 22, interned at Meta, Palantir, and the hedge fund Bridgewater Associates, working in AI, data analytics, and financial modelling.
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Hindenburg's Nate Anderson Under Cloud Over Alleged Links With Hedge Fund
US short seller Nate Anderson who announced shutting down of his almost eight years old research firm Hindenburg, is under cloud for alleged links with hedge funds in preparing reports targeting companies.
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Trump Names Billionaire Hedge Fund Manager Scott Bessent As Treasury Chief
US President-elect Donald Trump on Friday named billionaire Scott Bessent as his Treasury secretary, choosing the hedge fund manager to help execute an agenda promising tax cuts and tariffs.
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US SEC Gives Green Light for Options Listing for Spot Bitcoin ETFs to NYSE
The Securities and Exchange Commission (SEC) has granted "accelerated approval" to 11 exchange-traded funds to list and trade options tied to spot bitcoin prices on the NYSE.
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US Billionaire Buys Largest Stegosaurus Skeleton For $44.6 Million, Shatters Auction Records
The towering, 11-foot-high behemoth, dubbed "Apex," was excavated just outside present-day Dinosaur, Colorado, in May 2022.
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US Billionaire Bill Ackman Accuses Uber Of "Ripping Off" Cab Driver, CEO Reacts
American billionaire hedge fund manager Bill Ackman recently accused Uber of "stealing tips" from its driver, before retracting his statement after getting clarification from the company.
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How Medical Resident's Blog Spurred 3rd Largest Bank Failure In US History
The best short call of 2023 wasn't made by a ruthless hedge fund, a well-known activist firm, or any of the liveliest voices on the sell side. It was made by a first-year medical resident running a blog named after a SpongeBob SquarePants character.
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Byju's Hid Rs 4,400 Crore In Fund Once Run From Pancake Shop In US, Allege Lenders: Report
Byju's, allegedly hid $533 million in an obscure three-year-old hedge fund that once said its principal place of business was an IHOP pancake restaurant in Miami, according to lenders trying to recover the cash.
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FTX Founder Sam Bankman-Fried Accused of Witness Tampering
US prosecutors have accused FTX founder Sam Bankman-Fried of witness tampering and asked a federal judge to issue an order that would bar the former billionaire and other parties from making public statements likely to interfere with a fair trial. The prosecutors wrote to US District Judge Lewis Kaplan on Thursday referencing a New York Times artic...
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BlackRock CEO Labels Bitcoin as International Asset as Firm Awaits Approval for BTC ETF Listing
Crypto assets will be used to digitise gold, Larry Fink, the CEO of BlackRock, said in his statement. In a suggestion to the US regulators, Fink said that ETF filings could democratise cryptocurrencies because investors will have an option to choose BTC, or other crypto assets could be used as a hedge against inflation.
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FTX Alleges Former Lawyer of Aiding Sam Bankman-Fried's Fraud, Silencing Whistleblowers
FTX filed a complaint on Tuesday in US Bankruptcy Court in Delaware, accusing one of its former top lawyers, of aiding fraud by company founder Sam Bankman-Fried and silencing whistleblowers who reported wrongdoing at the company. Daniel Friedberg, a former chief compliance officer at FTX and general counsel of its related crypto hedge fund Alameda...
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Sam Bankman-Fried Loses Bid for Dismissal of Criminal Charges Over FTX's Collapse
A federal judge on Tuesday rejected Sam Bankman-Fried's request to dismiss most of the US government's criminal case accusing him of orchestrating a multibillion-dollar fraud. The decision paves the way for an October 2 trial of the FTX founder. Prosecutors accused Bankman-Fried of stealing billions of dollars in FTX customer funds to plug losses a...
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FTX Says Banks Earlier Raised Questions About FTX-Affiliated Hedge Fund's Wire Activity
Certain banks working with FTX founder Sam Bankman-Fried's trading firm Alameda Research raised questions about the firm's wire activity as early as 2020, according to a report released by FTX on Monday. Some banks began rejecting wires to or from Alameda the same year that the cryptocurrency exchange scrambled to access the US banking system, the ...
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Sam Bankman-Fried's Ban on Contacting FTX Employees Using Encrypted Messages Gets Extended
A USÂ judge on Thursday extended a ban on FTX cryptocurrency exchange founder Sam Bankman-Fried's ability to contact employees of companies he once controlled and use encrypted messaging technology while out on bail awaiting trial on fraud charges. USÂ District Judge Lewis Kaplan on February 1 had temporarily barred Bankman-Fried from contacting an...
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Sam Bankman-Fried Barred From Contacting FTX Employees Using Signal, Encrypted Messages
A USÂ judge on Wednesday temporarily barred FTX founder Sam Bankman-Fried from contacting current or former employees of the cryptocurrency exchange or his Alameda Research hedge fund, and from using encrypted messaging tools including Signal. The ruling by USÂ District Judge Lewis Kaplan came after federal prosecutors in Manhattan said Bankman-Fri...
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Meet Akash Bobba, Indian-Origin Engineer With Key Role In Elon Musk's DOGE
Before joining DOGE, Akash Bobba, 22, interned at Meta, Palantir, and the hedge fund Bridgewater Associates, working in AI, data analytics, and financial modelling.
-
Hindenburg's Nate Anderson Under Cloud Over Alleged Links With Hedge Fund
US short seller Nate Anderson who announced shutting down of his almost eight years old research firm Hindenburg, is under cloud for alleged links with hedge funds in preparing reports targeting companies.
-
Trump Names Billionaire Hedge Fund Manager Scott Bessent As Treasury Chief
US President-elect Donald Trump on Friday named billionaire Scott Bessent as his Treasury secretary, choosing the hedge fund manager to help execute an agenda promising tax cuts and tariffs.
-
US SEC Gives Green Light for Options Listing for Spot Bitcoin ETFs to NYSE
The Securities and Exchange Commission (SEC) has granted "accelerated approval" to 11 exchange-traded funds to list and trade options tied to spot bitcoin prices on the NYSE.
-
US Billionaire Buys Largest Stegosaurus Skeleton For $44.6 Million, Shatters Auction Records
The towering, 11-foot-high behemoth, dubbed "Apex," was excavated just outside present-day Dinosaur, Colorado, in May 2022.
-
US Billionaire Bill Ackman Accuses Uber Of "Ripping Off" Cab Driver, CEO Reacts
American billionaire hedge fund manager Bill Ackman recently accused Uber of "stealing tips" from its driver, before retracting his statement after getting clarification from the company.
-
How Medical Resident's Blog Spurred 3rd Largest Bank Failure In US History
The best short call of 2023 wasn't made by a ruthless hedge fund, a well-known activist firm, or any of the liveliest voices on the sell side. It was made by a first-year medical resident running a blog named after a SpongeBob SquarePants character.
-
Byju's Hid Rs 4,400 Crore In Fund Once Run From Pancake Shop In US, Allege Lenders: Report
Byju's, allegedly hid $533 million in an obscure three-year-old hedge fund that once said its principal place of business was an IHOP pancake restaurant in Miami, according to lenders trying to recover the cash.
-
FTX Founder Sam Bankman-Fried Accused of Witness Tampering
US prosecutors have accused FTX founder Sam Bankman-Fried of witness tampering and asked a federal judge to issue an order that would bar the former billionaire and other parties from making public statements likely to interfere with a fair trial. The prosecutors wrote to US District Judge Lewis Kaplan on Thursday referencing a New York Times artic...
-
BlackRock CEO Labels Bitcoin as International Asset as Firm Awaits Approval for BTC ETF Listing
Crypto assets will be used to digitise gold, Larry Fink, the CEO of BlackRock, said in his statement. In a suggestion to the US regulators, Fink said that ETF filings could democratise cryptocurrencies because investors will have an option to choose BTC, or other crypto assets could be used as a hedge against inflation.
-
FTX Alleges Former Lawyer of Aiding Sam Bankman-Fried's Fraud, Silencing Whistleblowers
FTX filed a complaint on Tuesday in US Bankruptcy Court in Delaware, accusing one of its former top lawyers, of aiding fraud by company founder Sam Bankman-Fried and silencing whistleblowers who reported wrongdoing at the company. Daniel Friedberg, a former chief compliance officer at FTX and general counsel of its related crypto hedge fund Alameda...
-
Sam Bankman-Fried Loses Bid for Dismissal of Criminal Charges Over FTX's Collapse
A federal judge on Tuesday rejected Sam Bankman-Fried's request to dismiss most of the US government's criminal case accusing him of orchestrating a multibillion-dollar fraud. The decision paves the way for an October 2 trial of the FTX founder. Prosecutors accused Bankman-Fried of stealing billions of dollars in FTX customer funds to plug losses a...
-
FTX Says Banks Earlier Raised Questions About FTX-Affiliated Hedge Fund's Wire Activity
Certain banks working with FTX founder Sam Bankman-Fried's trading firm Alameda Research raised questions about the firm's wire activity as early as 2020, according to a report released by FTX on Monday. Some banks began rejecting wires to or from Alameda the same year that the cryptocurrency exchange scrambled to access the US banking system, the ...
-
Sam Bankman-Fried's Ban on Contacting FTX Employees Using Encrypted Messages Gets Extended
A USÂ judge on Thursday extended a ban on FTX cryptocurrency exchange founder Sam Bankman-Fried's ability to contact employees of companies he once controlled and use encrypted messaging technology while out on bail awaiting trial on fraud charges. USÂ District Judge Lewis Kaplan on February 1 had temporarily barred Bankman-Fried from contacting an...
-
Sam Bankman-Fried Barred From Contacting FTX Employees Using Signal, Encrypted Messages
A USÂ judge on Wednesday temporarily barred FTX founder Sam Bankman-Fried from contacting current or former employees of the cryptocurrency exchange or his Alameda Research hedge fund, and from using encrypted messaging tools including Signal. The ruling by USÂ District Judge Lewis Kaplan came after federal prosecutors in Manhattan said Bankman-Fri...
