Tag: billions

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Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal

Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal

Caroline Ellison, the former chief executive officer of Alameda Research, said as part of her plea deal that she was aware FTX funds had been made ava [...]
Ripple CEO compares Wells Fargo billions mismanagement with FTX collapse

Ripple CEO compares Wells Fargo billions mismanagement with FTX collapse

Amid the heated-up news steam about the FTX drama, Ripple CEO Brad Garlinghouse hastried to turn the public’s attention to another case regarding the [...]
From where does the government borrow billions?

From where does the government borrow billions?

How does government borrowing work, and how and when are the funds paid back? www.bbc.co.uk [...]
How to Hand Out Billions in Climate Subsidies? Very Carefully.

How to Hand Out Billions in Climate Subsidies? Very Carefully.

John Podesta, the White House aide overseeing new tax credits, said rules were expected to be in place within months. Avoiding waste and fraud is a pr [...]
FTX hires forensics team to find lost customers’ billions: Report

FTX hires forensics team to find lost customers’ billions: Report

The new management for bankrupt crypto exchange FTX has reportedly hired a team of financial forensic investigators to track down the billions of doll [...]
Energy bill support to cost billions more from January

Energy bill support to cost billions more from January

The cost to the government of subsidising bills is to rise - but households will not be affected. www.bbc.co.uk [...]
Autumn Statement: Jeremy Hunt plans billions in spending cuts

Autumn Statement: Jeremy Hunt plans billions in spending cuts

Without explicitly hiking taxes the Treasury can raise billions for its coffers. In addition, the very highest earners could start paying the top rate [...]
How phone scammers tricked Americans out of tens of billions of dollars in 2022

How phone scammers tricked Americans out of tens of billions of dollars in 2022

Despite the rise of sophisticated crypto frauds and ransomware plots, phone scams continue to trick Americans out of tens of billions of dollars each [...]
Save Billions by Using the Blockchain to Distribute Federal Disaster Relief Money

Save Billions by Using the Blockchain to Distribute Federal Disaster Relief Money

Disbursements are right in the blockchain’s sweet spot. While it would not yet be a simple “off-the-shelf” purchase, a fraction of the lost $8 billion [...]
Andreessen Horowitz loses billions of dollars but remains faithful to crypto

Andreessen Horowitz loses billions of dollars but remains faithful to crypto

Andreessen Horowitz (a16z), a hedge fund that manages roughly $28 billion USD, has become one of the major victims of the crypto market crisis that br [...]
Billions in Climate Deal Funding Could Help Protect U.S. Coastal Cities

Billions in Climate Deal Funding Could Help Protect U.S. Coastal Cities

Communities across the country hope to tap into funds from Democrats’ new climate law to restore coastal habitats, part of a program that emphasizes n [...]
NFTs will bring crypto to billions of users, explains VC investor

NFTs will bring crypto to billions of users, explains VC investor

Avichal Garg, the CEO and co-founder of Electric Capital, defines himself as “an NFT maximalist” – who believes that nonfungible tokens (NFTs) will pl [...]
Where Walmart, Amazon, Target are spending billions in slowing economy

Where Walmart, Amazon, Target are spending billions in slowing economy

A Walmart employee loads up a robotic warehouse tool with an empty cart to be filled with a customer's online order at a Walmart micro-fulfillment cen [...]
Billions are spent marketing crypto to sports fans — Is it worth it? – Cointelegraph Magazine

Billions are spent marketing crypto to sports fans — Is it worth it? – Cointelegraph Magazine

Crypto advertising has been plastered across every available sporting surface since the bull run of 2021, from stadium naming deals and team’s playing [...]
Congress Is Giving Billions to the Chip Industry. Strings Are Attached.

Congress Is Giving Billions to the Chip Industry. Strings Are Attached.

It’s an embrace of industrial policy not seen in Washington for decades. Gary Hufbauer, a nonresident senior fellow at the Peterson Institute for Inte [...]
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