2023 Januar

FTX Bankruptcy Case: Motion to Question Sam Bankman-Fried and Inner Circle

– FTX lawyers have filed a motion to question co-founder Sam Bankman-Fried, his brother Gabriel Bankman-Fried, and his parents Joseph Bankman and Barbara Fried in regards to the bankruptcy case. – The motion additionally intends to question top deputies of Bankman-Fried, such as co-founder Gary Wang and ex-Alameda Research CEO Caroline Ellison. – FTX CEO John J. Ray […]

Biden Administration Opposes House GOP Tax Bill, Vows to Veto

• The Biden Administration recently opposed House Republicans’ legislation, the “Family and Small Business Taxpayer Protection Act” (H.R. 25), which proposes the elimination of the IRS and the implementation of a “Fair Tax” and national consumption tax. • Speaker of the House, Kevin McCarthy, has requested Congress to reduce the funding granted to the Internal Revenue Service (IRS) […]