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The Irish Times: The collapse of FTX revealed that everyone from racy hedge funds to staid pension and sovereign wealth funds had been throwing money at a cryptocurrency exchange with weaker financial controls than Enron.
Euronews: Singapore’s Deputy Prime Minister Lawrence Wong said that Temasek Holdings has initiated an internal review of its investment in the now-bankrupt FTX crypto exchange, which resulted in a write-down of $275 million.
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BNN Bloomberg: In a Freedom of Information Act lawsuit filed Tuesday, Virtu is seeking to compel the SEC to release details about its rulemaking process and steps it has taken to get feedback from market participants. Virtu filed a FOIA request in June and hasn’t received a full response, the firm said in a statement.
NBC News: A former financier and associate of Jeffrey Epstein was sued Monday on allegations that he raped a woman in Epstein’s New York City mansion in spring 2002, according to court filings.
Observer: More than 20 years before the #MeToo movement began, a lawsuit filed by female employees at Smith Barney, a brokerage company, shed light on Wall Street’s hard-driving, misogynistic culture.
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