US prosecutors have asked a New York judge to prevent Sam Bankman-Fried from contacting his former FTX colleagues and from using encrypted messaging apps, claiming the crypto company founder communicated with potential witnesses in his looming criminal trial.In a letter sent to the court on…

Former FTX chief executive Sam Bankman-Fried (C) arrives to enter a plea before US District Judge Lewis Kaplan in the Manhattan federal court, New York, January 3, 2023. Ed Jones | AFP | Getty ImagesFederal prosecutors are attempting to bar indicted FTX co-founder Sam Bankman-Fried from…

Federal prosecutors said FTX founder Sam Bankman-Fried contacted the former general counsel of the crypto trading platform earlier this month in a move they say may constitute witness tampering. A spokesperson for Bankman-Fried declined to comment. Prosecutors with the US attorney’s office for the Southern…

It is easy to view the US government’s latest legal challenge to the power of Big Tech as a case of too little, too late. Years of almost negligent disregard from the trustbusters has allowed a handful of companies to entrench themselves in the booming…

Wall Street banks including JPMorgan and Goldman Sachs are warning that Washington is heading for the riskiest debt ceiling confrontation since 2011, when the US lost its risk-free credit rating.The fight over the debt ceiling could be the most important issue facing the US economy…

Tesla CEO Elon Musk smiles as he addresses guests at the Offshore Northern Seas 2022 (ONS) meeting in Stavanger, Norway on August 29, 2022.Carina Johansen | AFP | Getty ImagesTesla shares surged 33% this week, marking their best weekly performance since May 2013 and second…