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The money laundering trial for the former executives of U.S. cryptocurrency exchange BitMEX has been scheduled for March 28, 2022. On May 11, New York District Judge John Koeltl set the trial date for former BitMEX executives CEO Arthur Hayes, co-founder Benjamin Delo, and chief technology officer Samuel Reed. The trio are accused of violating
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In this article PLTR Peter Thiel, co-founder and chairman of Palantir Technologies Inc., pauses during a news conference in Tokyo, Japan, on Monday, Nov. 18, 2019. Kiyoshi Ota | Bloomberg | Getty Images Palantir, the maker of software and analytics tools for the defense industry and large corporations, reported 49% revenue growth for its first quarter,
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What you need to know on Wednesday, May 12: Tensions mounted as the focus is on US inflation data to be out on Wednesday. Higher commodities prices send the Chinese Producer Price Index sharply up in April, spurring concerns about rising inflationary pressures in the US. The US Federal Reserve has maintained an ultra-loose monetary
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While US stocks hit another record high overnight, the path reversed with the three major indexes closing lower, with particular heavy selling in NASDAQ. Bearish sentiment continues in Asia session today, with Nikkei and Hong Kong HSI in deep red. Reactions in currency markets are mild, however, with commodity currencies just in shallow retreat. Yen
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