Source link Federal prosecutors have requested prison terms ranging from 40 to 50 years for Sam Bankman-Fried, founder of the cryptocurrency exchange FTX, over mass fraud leading to the company’s collapse. Lawyers have also asked that the defendant be ordered to pay $11 billion in restitution when he is sentenced on March 28 at the […]
Source link Prices for cocoa soared to their highest level in nearly half a century this week amid declining global supply, according to trading data. New York futures for the key chocolate-making ingredient rose above $4,200 per metric ton, the highest price for the commodity since September 1977, surpassing the 2011 peak that resulted from […]