Articles by Reuters

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Crypto Exchange FTX Fights Bahamas Demand For Data Access

Lawyers for the bankrupt crypto exchange FTX will square off in court on Wednesday to fight a demand for internal records from an insolvent affiliate based in the Bahamas as the two wrestle over scraps of the once high-flying business.

DOJ Watchdog Seeks Independent Review Of FTX Bankruptcy

The U.S. Department of Justice's bankruptcy watchdog on Thursday called for an independent investigation into the collapse of crypto exchange FTX, saying customers need a neutral party to investigate allegations of "fraud, dishonesty, incompetence, misconduct, and mismanagement."

Sam Bankman-Fried Says He 'Didn't Ever Try To Commit Fraud'

Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from suggestions of fraud in his first public appearance since his company's collapse stunned investors and left creditors facing losses totaling billions of dollars.

Weapons Industry Booms As Eastern Europe Arms Ukraine

Eastern Europe's arms industry is churning out guns, artillery shells and other military supplies at a pace not seen since the Cold War as governments in the region lead efforts to aid Ukraine in its fight against Russia.

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Scholz Downplays Differences On Ukraine On South America Tour

German Chancellor Olaf Scholz sought to drum up support for Ukraine during his first South American tour although differences with his hosts emerged, with Argentine President Alberto Fernandez declaring the region was not planning on sending weapons.