Sam Bankman-Fried pleads not guilty in FTX fraud case; October trial set

NEW YORK, Jan 3 (Reuters) – Sam Bankman-Fried pleaded not guilty on Tuesday to criminal charges that he cheated investors in his now-bankrupt FTX cryptocurrency exchange and caused billions of dollars in losses, in what prosecutors have called an “epic” fraud He entered his plea in Manhattan federal court where he faces eight criminal counts, … Read more

Chinese state media seek to reassure public about COVID

WUHAN, Jan 1 (Reuters) – Thousands of Chinese took to the streets to mark the New Year as authorities and state media sought to reassure the public that the COVID-19 outbreak sweeping across the country was under control and nearing its peak. Although many people in major cities have continued to isolate as the virus … Read more