A prominent Chinese community leader attempted to “cultivate” a government minister and spread Chinese Communist Party influence in Australian politics, federal prosecutors allege. Di Sanh Duong, affectionately known as “Sunny”, appeared in the Victorian County Court on Thursday for the first day of his trial on alleged foreign interference. HeContinue Reading
The former CEO of American clothing retailer Abercrombie & Fitch, Mike Jeffries, is facing multiple allegations of sexual exploitation, a damning BBC News report has revealed. The two-year investigation, outlined in the Panorama special, The Abercrombie Guys: The Dark Side of Cool, found Mr Jeffries and his partner, Matthew Smith,Continue Reading
FTX founder Sam Bankman-Fried is set to be released on a $250 million bond and placed under house arrest at his parents’ California home following his first court appearance in Manhattan federal court. US District Judge Gabriel Gorenstein signed off on the deal that saw the accused fraudster voluntarily leaveContinue Reading
The ex-girlfriend of disgraced crypto mogul Sam Bankman-Fried and a co-founder of FTX pleaded guilty to fraud charges in the collapse of the cryptocurrency exchange and are both co-operating with federal prosecutors. Caroline Ellison, the former CEO of Mr Bankman-Fried’s crypto hedge fund company Alameda Research, and Gary Wang, aContinue Reading