FTX is suing Binance to recover nearly $1.8 billion

Image: The Verge The estate of now-defunct crypto exchange FTX has filed a lawsuit against Binance and its former CEO Changpeng Zhao in a bid to recover $1.76 billion. FTX alleges these funds were fraudulently transferred to Binance, Zhao, and other Binance executives in July 2021 as part of a shares repurchase deal with FTX…

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Trump names Stefanik UN ambassador: report

President-elect Trump reportedly named Rep. Elise Stefanik, R-N.Y., as the United States’ ambassador to the United Nations.  “I am honored to nominate Chairwoman Elise Stefanik to serve in my Cabinet as U.S. Ambassador to the United Nations. Elise is an incredibly strong, tough, and smart America First fighter,” Trump said in a statement to the…

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