In her second day on the stand, Caroline Ellison told jurors that Sam Bankman-Fried wanted her to hide FTX customer funds that were on Alameda's balance sheet.
Shares of German shoe brand Birkenstock fell more than 12% in their market debut on the New York Stock Exchange on Wednesday after ir priced its IPO at $46.
Caroline Ellison, the former head of Sam Bankman-Fried's crypto hedge fund, took the stand Tuesday as the prosecution's star witness against the FTX founder
Utah Gov. Spencer Cox invoked research about social media's effect on teens, including a recent U.S. Surgeon General report, in announcing the lawsuit.
This year's regional banking crisis has already caused changes in the S&P 500 index. More changes may be coming if the industry faces a protracted slump.
The plans were announced in the middle of contentious U.S. labor strikes and contract negotiations between Stellantis and the United Auto Workers union.