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Prosecutors charge two top executives in connection with FTX collapse

14 Sept 03:31 Key points summarised by AI

Federal prosecutors charged former Alameda Research CEO Caroline Ellison and FTX CTO Zixiao (Gary) Wang with defrauding investors in the crypto trading platform.
Both Ellison and Wang have pleaded guilty to the charges and are cooperating with prosecutors, while FTX founder Sam Bankman-Fried is now in FBI custody and en route to the United States.

Today 12:56 Key points summarised by AI

President Macron condemned widespread rioting and looting during nationwide protests, blaming far-left activists and criminals for the "unrestrained violence" and vowing accountability for those who "sought to bring down the Republic."
Over 2,400 arrests were made as protests against rising living costs and poor school conditions escalated, causing extensive damage to public buildings and businesses in cities like Paris, Limoges (where City Hall burned), Marseille, and Lyon.
The unrest, which organizers hoped would revive the "yellow vest" movement, saw political leaders trade blame, with Macron instructing prefects to protect public buildings and potentially ban future protests to prevent further disorder.