Sam Bankman-Fried Pleads Not Guilty as Trial Is Set for October
The FTX founder faces eight criminal counts, including conspiracies to commit securities fraud and commodities fraud. A judge set his trial to begin Oct. 2.
Regulators Warn Banks About Cryptocurrency Risks
The Federal Reserve, FDIC and OCC said holding cryptocurrencies is likely inconsistent with safe banking practices.
Biden Administration Proposes Higher Fees for Employment Visas
The increased fees would help fund the agency that oversees legal immigration.
Saudi Crown Prince Tangles With Sovereign Wealth Fund Over How to Invest Oil Riches
Prince Mohammed bin Salman has vexed financial officials at times as he pushes pet projects on the Public Investment Fund, including a deal with Jared Kushner.
China's Robinhoods Are Still Out in the Cold in 2023
Beijing is sending more friendly signals to businesses lately but not to Robinhood-like online brokers in the new year.
University of California to Invest $4 Billion in Blackstone's BREIT
The University of California is putting $4 billion into a Blackstone real-estate vehicle aimed at individual investors, providing crucial ballast for a fund that has been beset by a wave of redemptions.
Fintech Stocks Did Worse Than Fin or Tech in 2022
A vulnerability to higher interest rates and a reckoning over growth-at-all-costs playbooks contributed to many fintech firms' fall from grace.
IRS Sees Crypto Companies as Potential Crime-Fighting Partners
A top official in the IRS's law-enforcement arm said the agency wants to build ties with the digital-assets sector
Lack of Leverage Leads Buyout Shops to Purchase Minority Stakes
The absence of cheap debt is resulting in a comeback for a deal type largely unseen since the financial crisis
Crypto Magnates Cameron Winklevoss and Barry Silbert Trade Barbs
Mr. Silbert's Genesis is a lending partner of the earn program at Mr. Winklevoss's Gemini.
(END) Dow Jones Newswires
01-04-23 0015ET
