The entire $16 billion fortune of FTX co-founder Sam Bankman-Fried went up in smoke within days, one of the greatest wealth destructions in the history of the crypto world.
Posts published by “Venus Feng”
A New Covid Billionaire Is Minted in China
Two founders of a little-known Hong Kong investment bank briefly became billionaires in recent days following a baffling stock surge, only to see their paper fortunes quickly tumble when the shares plunged.
Hong Kong will remain relevant as a link between China and global markets, even though its Covid Zero strategy has discouraged some people from visiting the city for business in the short term, Bernard Chan, a financier and convener of the government’s adviso…