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FTX’s Administrators Say Sam Bankman-Fried Got $2.2 Billion Mainly From Alameda Research

FTX co-founders and employees received $3.2bn in payments and loans, with $2.2bn going to Sam Bankman-Fried, who awaits trial for fraud.

Founders and employees of collapsed crypto firm FTX received $3.2bn in payments and loans.
$2.2bn went to Sam Bankman-Fried, co-founder and accused of fraud.
Transfers include $587m to ex-director of engineering Nishad Singh and $246m to co-founder Gary Wang.
Forensic analysis may uncover more assets, liabilities and transfers.

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Central banks around the world are pausing tightening campaigns as inflation eases and economies slow. Inflation-targeting regimes are keeping their own houses in order, while the US Fed's key inflation gauges fell to the slowest annual paces since late 2021.

Factbox: Turkey earthquake and some of the worst natural disasters of this century

Factbox: Turkey earthquake and some of the worst natural disasters of this century

Two massive earthquakes on Monday have devastated cities and towns across Turkey and Syria, with death toll of over 16,000. This is one of the worst natural disasters this century, alongside the 2004 Sumatran Tsunami, 2010 Haiti earthquake and 2008 Cyclone Nargis.

Take Five: Strap in for no landing

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A raft of U.S. data and European inflation numbers will give guidance on how the world's top central banks will navigate the way ahead, including the hotly debated "no landing" scenario. Reports on U.S. durable goods orders, home prices, manufacturing and consumer confidence threaten to cement expec