In defiance of China’s cryptocurrency ban, FTX Trading facilitated money laundering and bribery of Chinese officials, as per US court documents. The now-defunct FTX, along with related entities, filed for bankruptcy amidst fraud allegations, with former CEO Samuel Bankman-Fried sentenced to 25 years in prison. A network of Chinese nationals allegedly used FTX for money laundering, with defendants like Shen Ling depositing billions of dollars in criminal proceeds, leading to legal action to recover funds and prevent claims.
Full Article
Commentary: Endangered eels in unagi dishes reflect deeper issues in seafood industry
SINGAPORE: The conservation status of grilled eels is raising concerns as studies reveal that most unagi sold in Singapore contains endangered freshwater eels, contributing to the decline of species like the American eel. With 75% of seafood consumed in Singapore deemed unsustainable and ambiguous labeling practices complicating identification, consumers are encouraged to inquire about the origins and sustainability of their seafood choices. Need More Context? 🔎
Read more