Bankman-Fried did not directly address many of the other charges brought against him, namely that he misled investors and lenders about the financial conditions of FTX and Alameda.
Crypto broker Genesis owes creditors more than $3 billion, prompting its owner Digital Currency Group (DCG) to explore selling assets in its venture portfolio to raise money, the Financial Times reported on Thursday, citing people familiar with the matter.
Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions skyrocketed, data from blockchain analytics firm Chainalysis showed on Thursday.
Newly unemployed Goldman Sachs workers are tapping head-hunters after losing their jobs in its biggest restructuring since the 2008-9 financial crisis, with a sluggish global economy set to make finding comparable roles a challenge, sources said.
Bulgarian prosecutors have launched an investigation into alleged illegal activities conducted by cryptocurrency lender Nexo, they said on Thursday, raiding more than 15 sites in the capital Sofia.
Judicial reform plans by Israel's new hard-right government could pressure the country's sovereign credit rating even as the budget remains under control, according to an S&P analyst, as could a violent escalation with Palestinians.
Euro zone consumer expectations for inflation finally declined in November, ending prolonged rise as soaring food and energy prices made everyday life more expensive, a European Central Bank survey showed on Thursday.
HSBC on Thursday failed to overturn a court ruling that it had participated in a cartel to rig benchmark Euribor rates in 2007, but Europe's top court confirmed that a 33.6 million euro ($36 million) fine had been scrapped.
The Consumer Financial Protection Bureau moved to stop a New York law firm it said was acting as a high-volume debt collection service for major lenders including Citigroup Inc and Discover Financial Services , according to a statement by the regulator on Wednesday.
Citigroup Inc will launch a search for a new global wealth management chief, according to a memo seen by Reuters on Wednesday, as the unit grapples with volatile markets and recession fears that have pressured revenue.
