Gary Wang, a FTX Founder, Says Sam Bankman-Fried Steered Misuse of Funds Mr. Wang is one of three key witnesses who pleaded guilty and agreed to cooperate against Mr. Bankman-Fried, the onetime crypto mogul on trial for fraud.
Takeaways From a New Book on Sam Bankman-Fried “Going Infinite,” by Michael Lewis, offers a behind-the-scenes account of Mr. Bankman-Fried’s rise and fall.
Who’s Rooting Hardest for a Sam Bankman-Fried Conviction? The Crypto Industry. Crypto insiders, who have been trying to distance themselves from the FTX founder, are united in their zeal to see Mr. Bankman-Fried held to account.
Instacart Soars 40% as It Begins Trading, an Encouraging Sign for Tech I.P.O.s Shares opened at $42 on Tuesday, valuing the grocery delivery company at $13.9 billion.
Instacart Prices I.P.O. at $30 a Share, Raising $660 Million The grocery delivery company priced its offering at the high end of expectations, in a potentially upbeat sign for tech public offerings.