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Transcripts for CNN CNN Newsroom With Jim Acosta 20240604 21:36:00

warren buffett, now, his alleged business practices drawing comparisons to bernie madoff. it s not clear who is getting the money and what is being done by the money. it begins to look like a ponzi scheme. reporter: the company worth $32 billion impoeded within days when a publication questioned the inner workings, setting off a downhill spiral of investors pulling out funds, the company filing for bankruptcy, investigations and accelerating chaos in the crypto currency echo system. where consumers trade digital currency not backed by a central bank. this is the lehman brother s moment of the crypto world. it is a classic financial crisis. reporter: the new ceo now leading ftx through chapter 11, saying in a court filing, he s never seen, quote, a complete failure of corporate controls. this, from the same man who

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Transcripts for CNN The Lead With Jake Tapper 20240604 21:59:00

what s being done with the money. it begins to look like a ponzi scheme. reporter: the company once estimated by forbes at $32 billion imploded in just ten days when an industry publication questioned ftx s inner workings, setting off a double spiral of investors quickly pulling out funds, the company filing for bankruptcy, investigations and accelerating chaos in the cryptocurrency ecosystem. an unregulated market where consumers trade digital currency not backed by a central bank. in some ways this collapse of ftx is the lehman brothers moment of the crypto world. it is a classic financial crisis. reporter: the new ceo now leading ftx through chapter 11 saying in a court filing he s never seen, quote, such a complete failure of corporate controls. this from the same man who managed enron through its bankruptcy. senators elizabeth warren and dick durbin demanding documents from ftx to explain how billions

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Alerzo CEO, others chart way forward for retail business in Nigeria

Founders of tech startups, stakeholders converged for several panel discussions, exhibitions, networking at the Lagos Startup Week (LSW).

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Les prix des fournitures de rentrée bien contenus

Comme chaque année, l'association de consommateurs Confédération syndicale des familles (CSF) a conduit une étude sur le coût de la rentrée scolaire en France. Mais, alors qu'elle avait évoqué un an plus tôt une augmentation de 6,2% de ce coût, notamment en anticipation d'un éventuel reconfinement,…

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[AFP] Avant la rentrée en métropole, les prix des fournitures se tiennent sages

[AFP] Avant la rentrée en métropole, les prix des fournitures se tiennent sages
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