Money

SEC charges Sam Bankman-Fried with defrauding FTX customers

Published

1 year ago

January 20, 2023

ticker NEWS

The United States Securities and Exchange Commission (SEC) has charged Sam Bankman-Fried with defrauding FTX customers

This is in addition to the previous string of charges from late last year.

The S.E.C. says Bankman-Fried concealed his diversion of FTX customer funds to crypto trading firm Alameda while raising more than $1.8 billion from investors.

Meanwhile, the current FTX CEO John Ray is looking into the possibility of reviving the business.

Ray has set up a taskforce to explore restarting the exchange, as he believes it could recover more value for customers than the liquid assets or selling off the platform.

Money

Will Australia’s foreign investment rule create an economic boost?

Published

5 hours ago

May 7, 2024

Nathan Langridge

Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

Money

Research key to investment success

Published

1 day ago

May 6, 2024

ticker NEWS

What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

Money

Why “stagflation” will be the greatest financial threat of 2024

Published

1 day ago

May 6, 2024

Nathan Langridge

With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured