Author name: Peter

FTX's co-founder, Gary Wang, has recently provided a compelling testimony to federal prosecutors, accusing CEO Sam Bankman-Fried of secretly diverting billions from customer accounts to benefit his hedge fund, Alameda Research. During his testimony, Wang revealed how Bankman-Fried instructed him to create a specialized trading tool that allowed Alameda to overdraw its account, using FTX […]

Introduction Traders and investors closely awaited the release of the CPI report last week, which provided valuable insights into the current state of inflation. As expected, the report indicated that inflation had surpassed expectations and recorded its largest monthly increase in August this year, with a year-on-year increase of 3.7%. Surprisingly, the reaction in the

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